The newest episode raises questions about whether Sequoia’s new leadership — managing partners Alfred Lin and Pat Grady, who took over last month — can or will rein in Maguire’s social media activity.

The round was led by Lightspeed Venture Partners, according to people familiar with the deal.

The $816 million contract follows a separate $515 million — both awarded by the U.S. Space Development Agency.

This week on Build Mode, Startup Battlefield editor Isabelle Johannessen spoke to two founders who are working to make progress in industries ripe for disruption, despite the regulatory headaches that might have deterred many other people.

Marcario joined the board in 2021, and will maintain her position as chair overseeing the Rivian Foundation, which made its first grants last year.