> then Sequoia's "RIP Good Times" presentation came out in October. I worked at a Sequoia-funded company at the time. It was bad... hiring ground to a near-hal

> then Sequoia's "RIP Good Times" presentation came out in October. I worked at a Sequoia-funded company at the time. It was bad... hiring ground to a near-halt, and attrition was used to shrink the engineering department. Eventually, I got laid off over a year later (February 2010), and by that time we weren't any financially better off than when Sequoia made that presentation. The reason for my layoff was because our VCs had given us less money during our Series D than we were expecting.