In 2017, Goetz announced he was stepping back from his leadership role with Sequoia, but continues to invest and represent the firm on company boards.
[6] Goetz started a PhD, but chose instead to pursue a career in product management, with early stints working at AT&T and SynOptics,[4] which later became Bay Networks.
[9][6] With co-founders Rajiv Batra[10] and Monty Kersten,[9] Goetz raised $5.5 million from Sequoia Capital and Austin Ventures in April 1997.
The same month, the company released a "browser companion" application, NetMedic, enabling users to identify and correct network performance issues.
At Sequoia, he has spoken publicly in favor of immigration as a boon to entrepreneurship, and supported initiatives to bring a closer gender balance at startups and venture firms.
TechCrunch described the deal as the "largest acquisition of a venture-backed company in history",[26][2][27] and it earned Goetz a reputation as one of Silicon Valley's "biggest rainmakers".