Pat Grady
Partner and co-steward at Sequoia Capital. Grady leads growth investing and has partnered with companies including OpenAI, Harvey, Hugging Face, Notion, Snowflake, and Zoom.
Sequoia’s AI Strategy Pairs Concentrated Capital With Investor Autonomy
Sequoia Capital co-stewards Alfred Lin and Pat Grady say the firm’s $2.5 billion investment in Anthropic reflects a strategy of making concentrated AI-era bets from its core funds, even when it has arrived late to a company. They argue that scale should not turn Sequoia into a top-down allocator: the partnership is structured to let investors with specialist knowledge press a case through internal skepticism, as it did with SpaceX and more recently Valar Atomics.
Serval Bets Boring IT Controls Will Unlock Enterprise AI
Serval founder and CEO Jake Stauch argues that enterprise AI will be won less by giving models broad autonomy than by constraining them inside permissions, approvals, audits and workflows that companies can trust. In a conversation hosted by Sequoia’s Pat Grady, Stauch describes Serval as a ServiceNow-like system rebuilt for AI: an admin agent generates workflows from natural language, while a help desk agent can act only through tools IT has explicitly approved. He says that same logic extends to Serval’s operating model, where customer insight and “fewer, better” hiring matter more than model access in a market that may force products to be rebuilt every few months.