Uncapped with Jack Altman
Uncapped with Jack Altman
Alt Capital
Uncapped #36 | Pat Grady & Alfred Lin from Sequoia
1 hour 9 minutes Posted Dec 9, 2025 at 10:00 am.
) Intro
) Initial mindset as stewards
) The business of outliers
) Managing the inputs in venture
) Sourcing coverage goals
) Seeing the right companies
) Proprietary map of talent
) The impact of great engineers
) Picking winners with conviction
) Coaching asymmetry into picking
) Mentoring younger investors
) Frameworks on picking
) What it takes to win
) How to onboard with a founder
) Proudest board seats
) 2026 in the new roles
0:00
1:09:38
Download MP3
Show notes
Pat Grady and Alfred Lin are partners at Sequoia and were recently named as the storied firm’s new co-stewards. Alfred joined the firm in 2010, where he has led major investments into category-defining companies like Airbnb, DoorDash, and Kalshi. Pat has been a partner at the firm for nearly 19 years and has led Sequoia’s growth-stage investing since 2015, backing companies like Snowflake, OpenAI, and Harvey. In this episode, we unpack how Sequoia actually works: their partnership model, how they pick outliers, and what stewardship means inside one of the most respected firms in venture capital.
Some highlights:
Consensus doesn’t matter, conviction does
Freedom within frameworks: see, pick, win, help, harvest
Mid-funnel decisions are the most important
The two fears that lead to bad decisions
To do this business well, you need courage
---
Timestamps:
(
(
(
(
(
(
(
(
(
(
(
(
(
(
(
(
---
More on Pat & Alfred:
https://sequoiacap.com/
https://x.com/gradypb
https://x.com/Alfred_Lin
More on Jack:
https://www.altcap.com/
https://x.com/jaltma
---
https://linktr.ee/uncappedpod
Email: [email protected]