4 ms·
Do you know the history of Apple, Sequoia, and the Silicon Valley? Does the name Don Valentine ring a bell? http://www.sequoiacap.com/us/apple/info http://www.
by diego 14y ago
Do you know the history of Apple, Sequoia, and the Silicon Valley? Does the name Don Valentine ring a bell?
http://www.sequoiacap.com/us/apple/info http://www.sequoiacap.com/us/apple/info
- drumdance 14y agoYes. The point is that it's silly for the world's largest company to worry about what a VC firm thinks. It's rather the other way around. Apple and Sequoia have a rich history, but Apple and Adobe have a rich history too.
- robryan 14y ago5 million is such an insignificant figure to apple that it would be be in no way worth even taking the chance of burning bridges over. If they were putting up a billion somewhere to keep sequoia happy it might be a different story.
- diego 14y agoNo, it's not silly at all. For example, what if Apple pissed off Sequoia and was always second in line to acquire Sequoia companies? This is a very nuanced topic, especially if you don't know the ins and outs of M/A and VCs. 5M (or that magnitude) is a token amount. Feel free to speculate, I won't try to convince you. On Hacker News everyone is an armchair expert anyway.
- drumdance 14y agoAgain, I think in the scenario you describe, it's Sequoia that should bend over backwards. Apple has enough cash to buy any company in the world several times over, and most Sequoia companies would feel screwed if they can't accept an offer from Apple because of politics. For Sequoia to get pissy and hold out for terms because somebody's feelings got hurt --- and for the news to get out -- would be grounds for a lawsuit from LPs. And yes, I know the ins & outs of M&A and VCs.