A growing list of start-up founders are circulating an open letter to Sequoia Capital urging the prominent venture capital firm to take action against one of its partners, Shaun Maguire.
The letter, which had more than 520 digital signatories as of Monday afternoon, follows a July 4 post on X in which Mr Maguire referred to New York City mayoral candidate Zohran Mamdani as an “Islamist”.
Mr Maguire, an avid X poster best known for his investments in SpaceX and xAI, claimed in the disputed X post that Mr Mamdani “comes from a culture that lies about everything” and is willing to lie “if it advances his Islamist agenda”.
Bloomberg reported that the signatories, not all of which could be immediately verified, include start-up executives, employees and venture capitalists from around the world, as well as entrepreneurs who have raised from funds affiliated with Sequoia.
Among them are Hosam Arab, chief executive of Tabby, and Hisham Al Falih, chief executive of Lean Technologies – co-founders of Saudi FinTech start-ups that raised funding from Sequoia Capital India before it separated from Sequoia Capital in the US, they said.
Ahmed Sabbah, co-founder of Egyptian payments company Telda, which raised funding from Sequoia in 2021, also signed the letter.
Mr Al Falih said in an email to Bloomberg that he does not endorse Mr Mamdani but found Mr Maguire’s comments over the holiday weekend “appalling”.
“His tweet was not only a sweeping and harmful generalisation of Muslims, but part of a broader pattern of Islamophobic rhetoric that has no place in our industry,” Mr Al-Falih said.
After Mr Maguire’s comments went viral, he responded with a 30-minute video posted to X on Sunday in which he apologised several times for offending anyone. He said that Islamism is a political ideology, not a race or religion and clarified that his primary concerns are with Mr Mamdani’s father, Mahmood Mamdani, a Columbia University professor who Mr Maguire says practices “radical left-wing Islamism”.
Mr Maguire declined to comment beyond the video. A representative for Sequoia Capital declined to comment. A representative for Mr Mamdani’s campaign did not respond to a request for comment.
The open letter, a rare show of defiance against one of the most powerful and influential VC firms, calls for Sequoia to make a public apology for Mr Maguire’s actions. It also asks that Sequoia launch an investigation into his conduct, publish a zero‑tolerance policy on hate speech and create a hotline for founders to safely report discrimination or hate speech made by Sequoia employees. The letter asks for a formal response to these demands by July 14.
“As founders building the future of technology, we cannot accept leadership from a firm whose partners engage in hate speech and spread bigotry,” the letter states. “Maguire’s conduct not only tarnishes Sequoia’s reputation, it also undermines your ability to serve a global, diverse founder ecosystem.”
Other tech workers who signed the letter include Mudassir Sheikha, co-founder and chief executive of the Uber-owned Middle Eastern ride-hailing company Careem; Omar Almajdouie, the founding partner of Saudi investment firm Raed Ventures; and Zaheer Mohiuddin, chief executive of Cupertino-based start-up Levels.fyi, the executives confirmed in emails to Bloomberg.
Eslam Hussein, co-founder and chief executive of Dubai-based start-up Invygo and another signatory, said he signed the letter because “[Mr] Maguire’s comments were Islamophobic and completely unacceptable, especially coming from someone in a leadership role at one of the most powerful firms in venture capital”.
Mr Maguire is known in VC and technology circles for his frequent X posts and controversial statements. In January, he posted a photo of himself at one of the presidential inaugural celebrations in Washington DC. Later that same month, he called diversity, equity and inclusion policies “structural racism”.
Last year, shortly after Donald Trump, at the time US presidential candidate, was convicted of falsifying business records, Mr Maguire wrote in a lengthy post on X that he had donated $300,000 to Mr Trump's campaign for the presidency. The post included a disclaimer clarifying that his views did not reflect those of his employer, and that he was “lucky to work at a place that tolerates spirited debate and independent thinking”.
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Sir Tim Berners-Lee was born in London in a household of mathematicians and computer scientists. Both his mother, Mary Lee, and father, Conway, were early computer scientists who worked on the Ferranti 1 - the world's first commercially-available, general purpose digital computer. Sir Tim studied Physics at the University of Oxford and held a series of roles developing code and building software before moving to Switzerland to work for Cern, the European Particle Physics laboratory. He developed the worldwide web code as a side project in 1989 as a global information-sharing system. After releasing the first web code in 1991, Cern made it open and free for all to use. Sir Tim now campaigns for initiatives to make sure the web remains open and accessible to all.
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Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
World Sevens Series standing after Dubai
1. South Africa
2. New Zealand
3. England
4. Fiji
5. Australia
6. Samoa
7. Kenya
8. Scotland
9. France
10. Spain
11. Argentina
12. Canada
13. Wales
14. Uganda
15. United States
16. Russia
