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The scuttlebutt is that Facebook actually passed on Sequoia because of Peter Thiel.
by alaskamiller 18y ago
The scuttlebutt is that Facebook actually passed on Sequoia because of Peter Thiel.
- aston 18y agoYeah, but is that really true? If so, why'd Zuckerberg even show up to pitch?
- mlinsey 18y agoI don't think anyone except the parties involved can know if that's true, so there's not much point in speculating. But I will note that nothing is better for getting term sheets than already having other term sheets, particularly a Sequoia term sheet. I wouldn't pitch a VC that I knew from the outset I didn't want to work with, but I'm sure some companies do.