2 ms·
> 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
by 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 agoYou're just moving the goal posts. Sequoia has already stumbled.
- JumpCrisscross 3y ago> You're just moving the goal posts. Sequoia has already stumbled. The goal post is and always has been returns. I’ve been consistent on that [1]. [1] https://news.ycombinator.com/item?id=36074612 https://news.ycombinator.com/item?id=36074612