of of the giant sequoias on the planet. muir went out there to look the trees and assess them and write about them. and he saw there were there were mills set up there. they were they were taking down these trees. and he he talked to the mill owner and the mill owner said, look, yeah, these are trees. if you can get me a deal for some other property, i'll swap it with the government. he realized that back to johnson, but they couldn't get the deal done in. this entire conversation probably 2000 giant sequoias were were cut down, except for one the boole tree, which is still there, ironically named after the guy who ran the logging operation that cut down the other 1999 sequoias, but left one standing anyway, we were there for an hour having lunch and not person came there because still pretty remote and. so you can still have that kind of experience, that area, that sequoia national. and to me, spending time with that tree and looking at, you know, the scars and the tree the places where the squirrels had, you know, squirre

caroline: and sequoia backs open ai.new portfolio, it feels the rest of the vc community is rushing, regulators are being forced to rush. it feels as though this has taken us by surprise, but you have been studying for 13 years. why have we suddenly been -- have we had the rug pulled a little bit? konstantine: you are exactly right. this is actually decades in the making. for us at sequoia, for me, for our team this is something we have been training for and excited for for decades. there is a big, exciting change and it is what you described. there is a new user interface. i talk about the user interface harkening back to the personal computer when you have the graphical user interface come out. that was the advent of the first microsoft windows. the advent of a lot of the first apple computers. the point of the first graphical user interface in the personal computer revolution is that anyone could use their mouse and click as opposed to the old terminal-based ms dos that only engineers could use. anyone can use ai. you

think that this is a right opportunity, the best in the world, whether it is lightspeed capital, sequoiae last is talent. as you know, there are fantastic young indians who both based in india as well as overseas, have all chosen to come back to india when there are these new, exciting startups that have grown. in fact, 30 to 40% of my leadership team has... went to fantastic universities in the united states. so i think a combination of great talent, great technological enablement, and a country that's ready to consume. you're now launching a more expensive brand. so, i'm wondering, does this mean that the consumer is changing? i think, first off, our consumers have always remained highly value—seeking, right? they want to try and get great experiences at the right price point. and our offering, of course, has primarily been focused in the budget ecosystem. but we are increasingly seeing that our consumers are starting to, sort of, also evolve. right, because like india is quickly upgrading, a lot of our consumers are also upgrading and starting to have better paying abilities. and you

. >> so the lawsuit claims the sequoia capital operations llc, a short clients who put their money into ftx, that their money would be separated from ftx u.s. assets. but the claim alleges that sam bankman-fried took customers money deposited with ftx and secretly transfer them to a sister company called alameda research that he also owned the plaintiffs claim that sequoia should bear some responsibility for their losses because it, quote, knowingly poured hundreds of millions of dollars into ftx, essentially funding the scheme, end quote. the case joins 7 other cases now in the united states, a district court for the northern california northern district of california. arising out of the ftx collapse. >> a former richmond police sergeant has been sentenced for firing his gun several times at 4 seasons hotel in san francisco. while intoxicated. this happened back in 2017. so phillip sanchez pleaded guilty to felony vandalism. and yesterday he got 2 years of felony probation for violating the terms of his guilty plea as part of the probation. he is required to turn over the 18 guns that

so the lawsuit claims that sequoia capital assured clients who put money into fdx that their money woulde separated from ftx's assets. but the claim alleges that sam bankman-fried who lead ftx took customers deposits and secretly transfer them to a sister company that he owned called alameda research and then traded with that money. the people behind the lawsuit claim the sequoia capital should bear some responsibility for their losses because the firm, quote, knowingly poured hundreds of millions of dollars into ftx, essentially funding the scheme, end quote. the case joins several others that have now been filed in the wake of the ftx collapse. >> it's 7.26 and a former richmond police sergeant has been sentenced now for firing his gun several times at 4 seasons hotel in san francisco while intoxicated. this happened back in 2017 phillip sanchez pleaded guilty to felony vandalism in 2021. and yesterday he got 2 years of felony probation for violating the terms of his guilty plea as part of the probation, sanchez is required to turn over the 18 guns that he lawfully owns. he'll be super

. >> reporter: todd says that coastal redwoods and giant sequoias are dealing with something new. weather whiplash. this winter's powerful atmospheric rivers brought a lot of beneficial rainfall to the redwoods, but they also brought high winds which toppled some trees. before these strong storms, they were up against another extreme. years of intense drought and ravaging wildfires. >> this is a new norm, it seems like. we are going into much more extreme weather like you just mentioned. we get these extremely wet, very windy times, then we go into drought for a whole bunch of years. i think that these are really challenging the native vegetation, including the redwoods here throughout the state. >> reporter: physics major elvis liu sits here under these trees to reflect. >> i think there are difference between trees that you plant artificially entries that have been actually here forever . it is good to preserve existing ones instead of just planting new ones. >> i think what will happen to redwood forests, and we are seeing signs of it already, are that ranges will contract. >>

most of the sequoia and kings canyon national parks are off limits to the public this weekend because of crews still cleaning up damage from winter storms. however, california state parks are offering free admission to more than 100 parks for veterans and active members of the military on memorial day. so if you're interested and checking out those participating parks, you can scan the qr code that see on your screen. it will take you to a page with the full list of those state park locations as well as park and trail closures for this three-day weekend. coming up next in sports, the giants in milwaukee today looking for four-game sweep. >> as they take on the brewers, erin wilson has the highlights. coming up. >> and now kron 4 sports. >> well, the giants are sitting just above 500, but with the way they play the last few weeks, that could change pretty quickly heading into the final match of the brewer series today. the giants were won 12 of the last 14 games in today. they try for their 13. so will they get it? let's talk gabe kepler and company there ready for this one, hoping to

most of the sequoia and kings canyon national parks are off limits to the public. >> because crews are still cleaning up damage from winter storms. however, california state parks are offering free admission to more than 100 parks for veterans. active members of the military on memorial day. if you're interested in checking out some of the participating state parks, you can scan this qr code will take you to a page with the full list of the locations as well as park and trail closures this weekend. great weekend get outside. take a bike ride. the weather he says will going to be high to keep your cool. i think it is. i mean, >> despite that, yeah, you're not going to work up a sweat right? lawrence is right harder, right? i mean, you have to push through right when it's going to cool out there. yeah. that's what you've from a myself of guys. we've got some clouds rolling in across the bay area. we've got a major storm system. we've been tracking this thai food the last couple of days. look what's happened now. it is really intensified after making its way across look at that. well, dev

in sequoia, we saw all the stars at night, right? mm-hmm. yeah. that was cool.ves you a whole different perspective on, like, how small we are. some of those stars are literally millions of light years away. they're that far, and the universe is so big. there's so much else. there's a lot to space and astronomy. yeah, that's... i want to go to space. -you want to go to space? -yeah. oh, okay. this is first time i'm hearing you say that. (laughs) well, it's-- it's good. there's a whole other world out there that we need to explore. man: seven, six, five, four... and ignition, two, one, zero. and liftoff. countdown to mars continues. touchdown confirmed. receive... (all cheering) they were testing out how would you control a rover from orbit. 'cause there are certain delays associated with the communication, and it's so far away that you have seconds, maybe even minutes of delay, right? how do you control a robot on a far-off world like mars? so this rover-scape was built to test out... advik: everybody's saying, "oh, we need to move to mars. the earth is gonna bl

efanov real estate vacation and car judge according to the media travels in a foreign car toyota sequoia. on average, it costs about 10 million rubles. the car belongs to a company that is part of the tonauto group of companies, the office has existing state contracts with the sixth court of cassation, mr. efanov, in an interview with reporters, said that he entered into a lease agreement for the organization and participated in the tender for the supply of cars. in 2019, and she won with this organization , a car rental agreement was concluded on the market for personal conditions, a special commission put under word doubt. mr. efanov after the announcement of the decision. he defiantly left the room, slamming it shut. the door is right in front of journalists alexander alekseevich to appeal against the decision of alexander efanov upset feelings. hastened to leave, he apparently counted on a different outcome before the urgent termination of powers for ifanov means the deprivation of judicial immunity. and it cannot be ruled out that it will soon become. it is clear why the themis in t

think that this is a right opportunity, the best in the world, whether it is lightspeed capital, sequoiart you with capital. and the last is talent. as you know, they are fantastic young indians who both based in india as well as overseas, have all chosen to come back to india when there are these new, exciting startups that have grown. in fact, 30 to 40% of my leadership team has went to fantastic universities in the united states. so i think a combination of great talent, great technological enablement and a country that's ready to consume, you're now launching a more expensive brand. so i'm wondering, richard, does this mean that the consumer is changing? i think, first off, are consumers have always remained highly value seeking, right. they want to try and get great experiences at the right price point. and our offering, of course, has primarily been focused in the budget ecosystem. but we are increasingly seeing that our consumers are starting to sort of also evolve. right, because like india is quickly upgrading, a lot of our consumers are also upgrading and starting to have bette

amanda: as dozens of students settled around the sequoia picnic area in oakland, a glimpse into the growing solidarity school that has become a lifeline for many families. the woman behind the effort -- >> a quick, swift decision. i brought my stuff from home and came to the park. amanda: a parent herself, she is standing behind the nearly 3000 educators on day six of their strike. yesterday, nearly 70 kids in attendance. she says they aim for a one adult to four kid ratio, with days consisting of mealtime, group activities and classes led by volunteers, many of whom are teachers on strike. >> we are a low income family. my daughter has autism, and i knew sending her to school was not an option. amanda: are only doing their part as the picketing continues. she says she is prepared to host ousd students until the strike is over. amanda del castillo ne-yo, abc7news we continue our coverage of the oakland teacher strike until it is over. follow the latest on the abc 7 bay area news app. larry: the man charged with murder for beheading a san carlos woman pleaded not guilty by reason of insanity

sequoia, one of the biggest companies in the world, is one of the investors of insider.ike the culture at the company. one of the good things they said about the economic crisis, still good investors continue to invest in good companies. this is what i believe. this is what i see. there are challenges, but funding continues. haslinda: i know you are looking to hire more engineers i'm a but you want women engineers. what is the pipeline been? hande: 60% of the whole leadership team is women. my team is all woman. it is not that women and men are not equivalent. women has advantages also in technology. women should be empowered. we have a lot of programs for this, not only in emerging markets, also in developed markets. we're running special programs to find more global women engineers. we don't have a strong pipeline, unfortunately because women in tech is not very common yet. but all the technology companies should put a special focus on that. haslinda: hande cilingir, cofounder and ceo of insider. i'm looking forward to that ai panel i will be moderating later today. ch

inspired elocution, the vein of his new friend muir, telling it's lying out at night under the giant sequoias have been like lying in a temple built by hand of man, a temple grander than any human architect could by any possibility, build. and i hope for the preservation of groves, of giant trees, simply because it would be a shame to our civilization to let them disappear. they are monuments themselves in california, impressed by how great the state is. but i'm even more impressed by the immensely greater greatness that lies in the future. and i ask that marvelous natural resources handed on unimpaired to your posterity. we are not building this country of ours for a day it has to last through the ages. the presidents deeds would be even more impressive. he would sign into existence five national parks, 18 national monuments 55 national bird sanctuary and wildlife refuges in, 150 national forests. camping with the president was, a remarkable experience. muir later said. i fairly fell in love with them, so the two of them together, i think, you know, did a lot of good that's great. that's a g

you would think money grows on sequoias american airlines raised its rate but outside of those areas, everything else has gotten soft. everything to the point where i'm thinking maybe the strength in housing and wages should be tempted by the data from everything else. i'm not saying inflakes hawks are wrong, i hope they don't agree with philly fed patrick harper who admitted the economy is resilient, maybe they should skip in meeting hikes. in other words, maybe not do the hike in the next meeting in june i think so much of the data is so darn weak that you could believe we might be on the verge of recession right now let me give you how i think things check out here so you know exactlywhat i'm talking about. first, commodity prices, they have been ridiculous how bad plummeting totally in sync with the recession. oil and natural gas keep getting crushed. it signifies a severe slowdown copper is awful, too second, we're beginning to see a total breakdown of the retail with truly discouraging earnings and the retail stocks charts are so severely damaged you can't ignore the weakness. m

and most of the sequoia and kings canyon national parks are off limits to the public. that is because crews are still cleaning up from all those winter storms and the damage. however, california state parks are offering free admission to more than 100 parks for veterans. active members of the military. that's a memorial day. if you're interested in checking out the participating state parks, you can scan this qr code that will take you to a page with a full list of those locations as well as park and trail closures this weekend. >> and we have a reminder this memorial day weekend. the chp will be out in force. they say they want to make sure you get to your destination safely. a statewide maximum enforcement period begins tonight and will last until monday night. of course, officers will be looking for traffic violations. people driving under the influence last year. 45 people were killed in car crashes in california and there were nearly 900 dui arrests over memorial day weekend. >> still ahead, love was in the air on mount diablo today and that beautiful spot. we're

. >> reporter: he said coastal redwoods and giant sequoia's are now dealing with something new. whether whiplash. this winter's powerful atmospheric rivers , but a lot of beneficial rain fall to the redwoods but they also brought high winds, which toppled trees. before the strong storms, they were up against another extreme. years of intense drought and ravaging wildfires. >> this is a new normal , it seems like. we are going into much more extreme weather like you mentioned. we get these extremely wet, windy times and then we go into drop for a bunch of years. i think that's a really challenging the native vegetation, including the redwoods throughout the state. >> reporter: this physics major, sits here in nature every day to the stress among these massive trees. >> i think there is a big difference between the trees you plant artificially in the ancient woods that are here. that have been here forever. an effort to protect the trees makes more sense to preserve the existing ones , instead of simply planting new ones. >> i think that what we will see happen to the redwood fore

. >> reporter: he says coastal redwoods and giant sequoia's are now dealing with something new.ash. this winter's powerful atmospheric rivers, brought a lot of beneficial rain fall to the redwoods. but they also brought high winds, which toppled trees. before the strong storms, they are up against another extreme. years of intense drought and ravaging wildfires. >> this is a new normal. we are going into much more extreme weather like you mentioned. we get extremely wet and very windy times . and we go into drought for a bunch of years. i think those are really challenging the native vegetation , including the redwoods here throughout the state. >> reporter: this physics major sits in nature every day to destress , among these massive r ever an effort v to protect the trees makes sense to preserve the existing ones , instead of simply planting new ones. >> i think what we will see happen to the redwood forest and we are already seeing signs of it already is that the rangers will contract. >> reporter: for centuries redwoods have survived wildfires in drought . until now. experts

be able to see parts of your favorite national and state parks this holiday weekend's most of >> sequoia and kings canyon national parks are off limits to the public because crews are still cleaning up damage from the winter storms. however, on memorial day, california state parks are offering free admission to more than 100 parks for veterans and active members of the military. if you're interested in checking out the participating state parks, you can head to our website by scanning this qr code will take you to a page with a full list of the locations as well as park and trail closures this weekend. >> just a reminder here, this memorial day weekend, chp officers will be out there in force, making sure you get to your destination safely. the statewide maximum enforcement period began at 6 o'clock. it's going to last until monday night. officers will be looking for traffic violations as well as people driving under the influence last year. 45 people were killed in car crashes in california and officers made almost 900 dui arrest during memorial day weekend. >> after the break, we'll te

the lawsuit claims sequoia capital assured clients who put money into ftx their money would be separated from at tx u.s. assets. but the claim alleges sam bankman-fried to customer deposits and secretly transfer them to a sister company. he owned called alameda research and traded with that money. the people behind the lawsuit claims a quiet capital should bear some responsibility for their losses because the firm, quote, knowingly poured hundreds of millions of dollars into ftx, essentially funding the scheme, end quote. the case joins several others that have been filed in the wake of the ftx collapse. uc davis evening classes will now be back on campus in person for the first time since the arrest, a former student, an accused serial stabber carlos the virtual classes were put in place by administrators to keep students more secure. as davis police carried out an intense week long search for the suspect. he killed a fellow aggie, a homeless advocate known as compassion guy and critically injured. a homeless woman. >> a lot of us were kind of like nervous, tense, scared about it. you k

he sold the presidential yacht, the sequoia, not only a nod to being less fancy but more frugal, more careful with public money. try and give that impression. one of the things you really literally if you read -- there's a new presidential biography of carter that talks about what people were saying, actually complained about people wearing jeans and the white house, it looked dirty, it looked disorganized, carter himself would wear jeans sometimes in the white house and so would some of his aides. he brought in a bunch of people from georgia referred to as the georgia mafia. he didn't have a lot of national political experience. so he had a different presidential style, there's substance, style, set a high bar for what they are going to do and brought it down in a way that didn't necessarily sit well with everyone, something carter did that was unpopular was asked they stop playing hail to the chief when he came to the room and people like a little bit of ceremony around the presidency. anyone have questions, comments on any of this? something that has been lurking throughout this se

he sold the presidential yacht, the sequoia, which was not only a nod to being less fancy, but also being a little more frugal, a little more careful with public money to try, give, give that kind of impression. and one of the things that you really literally, if you read there's a new presidential biography of carter that has a lot of of depth about what people were saying and they actually complained about people wearing jeans, the white house. and it was you know, it looked dirty. it looked disorganized. carter himself would wear jeans sometimes the white house and so it's some of his aides and he brought in a bunch of people from georgia that were referred to as the georgia mafia, people who didn't have a lot of national, national, political experience. so we've already got a very different of presidential style. and there is substance. there's style. they've set a high bar for what they're going to do, and they've brought it down in a way doesn't necessarily sit well with everyone. one of the things that carter did that was unpopular there was he asked that they stop playing hail to

they begin to fall right and left, then you and i will come to admire the crimson dress, and some sequoias that all the same that all the same it happens not so catastrophically. look at before everyone was put on hold many years ago. the americans also suffered from many treaties that they had someone there as a normal practice. you know this better than i do, that there are many international treaties, there are ratified measures or something like that . here the americans withdrew from the treaty and withdrew from the treaty on the open sky to him because of the agreements with the iranians on irresponsibility. first of all, they need to say when you can be, you will now break another specific right. here is an example of these agreement documents. there colleagues heard and left, that's all, or what? so let's take a little break and come back. the bright taste of instant coffee jardingol and jardin is a pleasure to feel do not miss the events and people of the week on central television. paris seems to be competing on who will arm the ukrainian military with the most long-range missil

do you tilt toward sequoia, fidelity, joe mercer know at for the lady for -- fidelity, do you have tower names. i don't think you want to be so concentrated that you bring a lot of risk to the table. what is the right number of names? is it 50, 100? tom: top 10 holdings on large-cap is 44%. ann: large-cap i think you have to be careful because if you look at the indexes, they carry so much weight in the top 10. the indexes are the enemy. you have to be competing with the enemy for large-cap. if you look at the mid-cap, small-cap space, 75 to 120 names, maybe that is the better average to think about. large-cap, you can be a little or narrow than that. -- a little more narrow than that, but you need to be diversified in the number of names as a portfolio. you want to be diversified across what you own and we should talk about some of the things i like in the equity space. jonathan: what do you like? ann: it is hard. tom: typical milletti. ann: it is hard, i know i've been pretty pessimistic. there are some spaces. health care has underperformed and has not recovered well post-covid. it

for sequoias dance of community and togetherness.for me that, you know, supporting the >> jade asian-american community very important. so we help you feel that sense of solidarity through our performance. >> all right. and tell us a bit about what you'll be performing for us today. so will be performing a piece called came out we nearly corey got this piece for the season. so we hope you enjoy. okay, wonderful. and just real quick, too. where can people catcher performances? yes. so we often perform in in japan in the peat in the japantown peace plaza. you know, for things like cherry blossom festival. me how much the street fair, etcetera. >> okay. wonderful jeremy chan with ito yosa coy, thank you so much for your time today and we'll let you take it away. thank you. all right. it looks like we're going to work our way through some technical issues at the mo lowe's knows that when you get more savings. you get a lot more summer. that's why we've got fresh new deals so you can heat things up, and chill out, all season long. make th