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Don't forget Sequoia Capital now too, after the SBF fiasco [1]. Though maybe their reputation hasn't quite reached the gutter yet. [1] https://web.archive.org/

Don't forget Sequoia Capital now too, after the SBF fiasco [1]. Though maybe their reputation hasn't quite reached the gutter yet. [1] https://web.archive.org/web/20221109050305/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/ https://web.archive.org/web/20221109050305/https://www.sequo...

ramraj07 3y ago
Is there any large VC shop left with their reputation intact?
- derwiki 3y ago
  Kleiner, Khosla?
  - Keyframe 3y ago
    > Kholsa? Martins beach
  - deleted 3y ago
    [deleted]
- reducesuffering 3y ago
  Accel
  - pharmakom 3y ago
    Balderton
JumpCrisscross 3y ago
> Don't forget Sequoia Capital now too, after the SBF fiasco Single fiascos rarely tank brands. Sequoia still has a braintrust that makes it profitable to associate with. Andreessen is increasingly a refuge for those who have no other choice, are in on the grift or are being grifted.
- akiselev 3y ago
  > Sequoia still has a braintrust that makes it profitable to associate with. That's why this single fiasco is so damaging: the braintrust has proven to be a farcical joke. The guy was playing video games while on their funding calls and they called it "genius." Zero due diligence, just brown nosing.
  - JumpCrisscross 3y ago
    > why this single fiasco is so damaging: the braintrust has proven to be a farcical joke. The guy was playing video games while on their funding calls and they called it "genius." Sequoia balance their SBFs with solid, profitable bets. That means they can keep raising funds, keep paying out carry, and through both of those maintain staying power. I don't love reducing this to economics, but at the end of the day if you can't pay your LPs, you can't pay your GPs, and when you have second-rate GPs you're going to wind up with second-rate founders. Sequoia brings home the bacon. Andreessen lives on management fees.
    - akiselev 3y ago
      > Sequoia balance their SBFs with solid, profitable bets. SBF was such a bad bet with so little due diligence that I don't think this is going to be true going forward and probably hasn't been for a while. They were running on zero interest rates and brand momentum so let's see how much money their next fund returns.
      - JumpCrisscross 3y ago
        > were running on zero interest rates and brand momentum so let's see how much money their next fund returns "Let's see" means they're still in the game. Anyone might stumble in the future. The difference between Sequoia and a16z is Sequoia might stumble, a16z already has.
        akiselev 3y ago
        You're just moving the goal posts. Sequoia has already stumbled.

ramraj07 3y ago

Is there any large VC shop left with their reputation intact?

derwiki 3y ago
Kleiner, Khosla?
- Keyframe 3y ago
  > Kholsa? Martins beach
- deleted 3y ago
  [deleted]
reducesuffering 3y ago
Accel
- pharmakom 3y ago
  Balderton

JumpCrisscross 3y ago

> Don't forget Sequoia Capital now too, after the SBF fiasco Single fiascos rarely tank brands. Sequoia still has a braintrust that makes it profitable to associate with. Andreessen is increasingly a refuge for those who have no other choice, are in on the grift or are being grifted.

akiselev 3y ago
> Sequoia still has a braintrust that makes it profitable to associate with. That's why this single fiasco is so damaging: the braintrust has proven to be a farcical joke. The guy was playing video games while on their funding calls and they called it "genius." Zero due diligence, just brown nosing.
- JumpCrisscross 3y ago
  > why this single fiasco is so damaging: the braintrust has proven to be a farcical joke. The guy was playing video games while on their funding calls and they called it "genius." Sequoia balance their SBFs with solid, profitable bets. That means they can keep raising funds, keep paying out carry, and through both of those maintain staying power. I don't love reducing this to economics, but at the end of the day if you can't pay your LPs, you can't pay your GPs, and when you have second-rate GPs you're going to wind up with second-rate founders. Sequoia brings home the bacon. Andreessen lives on management fees.
  - akiselev 3y ago
    > Sequoia balance their SBFs with solid, profitable bets. SBF was such a bad bet with so little due diligence that I don't think this is going to be true going forward and probably hasn't been for a while. They were running on zero interest rates and brand momentum so let's see how much money their next fund returns.
    - JumpCrisscross 3y ago
      > were running on zero interest rates and brand momentum so let's see how much money their next fund returns "Let's see" means they're still in the game. Anyone might stumble in the future. The difference between Sequoia and a16z is Sequoia might stumble, a16z already has.
      - akiselev 3y ago
        You're just moving the goal posts. Sequoia has already stumbled.