Sequoia Capital, Islamophobia, and the limits of Muslim capital in global markets.

In this episode of Majlis & Markets, we examine the controversy surrounding Sequoia Capital following public comments by Shaun Maguire, the firm’s response, and what this episode reveals about power, free speech, and discrimination in venture capital.

FT article from October 2025 [https://www.ft.com/content/8e6de299-3eb6-4ba9-8037-266c55c02170]

But this conversation goes well beyond one firm or one incident.

We discuss how investment strategies can contradict public statements, why freedom of speech carries different consequences in public versus private settings, and how rhetoric and culture can shape access to capital in global markets.

The episode also explores the role of Muslim investors in global entrepreneurship, why their economic importance often fails to translate into influence, and why venture capital ecosystems continue to struggle across much of the Muslim world. From Silicon Valley to Islamic finance, we look at how capital, politics, and culture increasingly intersect.

We also discuss Zohran Mamdani’s political rise, what it signals about disruption and representation, and why debates about inclusion are no longer separable from markets and power.

🔍 Key themes

• Sequoia Capital and venture capital governance
 • Islamophobia and culture in Silicon Valley
 • Public speech, power and consequences
 • Muslim capital and global entrepreneurship
 • Discrimination, incentives and access to finance
 • Political disruption and Zohran Mamdani
 • Why VC ecosystems struggle in Muslim markets

If you’re interested in venture capital across Muslim and OIC markets, listen to this earlier Majlis & Markets conversation:

🎙️ Episode 16 | Venturing Forward: Unlocking the OIC’s Venture Capital Potential

🔊 https://majlisandmarkets.buzzsprout.com/1907033/episodes/14955988-episode-16-venturing-forward-unlocking-the-oic-s-venture-capital-potential

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