Friday Jul 21, 2023
Target Sequoia, Too, Chairman Gallagher
The House Select Committee on the Chinese Communist Party has just opened an investigation into American venture capital firms helping this country’s mortal enemy acquire AI and other cutting-edge U.S. technologies decisive to our commercial and military competitiveness. That’s the good news.
The bad news is that, so far, the Committee is not investigating the most egregious example of such treachery.
Curiously absent from the list of companies receiving the panel’s scrutiny is Sequoia Capital. As a recent, stunning webinar at PresentDangerChina.org documented, Sequoia’s “global steward,” Neil Shen, actually works for the Chinese Communist Party.
Reportedly, Shen has helped it buy not just technology but Washington, too, with campaign contributions to Kevin McCarthy and many Democrats that have to date shielded his operation from official inquiries, let alone criminal charges.
It’s time to go there, Select Committee Chairman Mike Gallagher.
This is Frank Gaffney.
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