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For comparison: Sequoia Capital estimates that 19% of the NASDAQ's value is made up of firms that they have invested in. If you apply the same ridiculous, supe
by codex 13y ago
For comparison: Sequoia Capital estimates that 19% of the NASDAQ's value is made up of firms that they have invested in. If you apply the same ridiculous, super sloppy accounting used here to Sequoia, it has contributed over one trillion dollars to the U.S. economy in market cap alone, to say nothing of second order effects on the economy.
And you can add YC's value to Sequoia's, since Sequoia is an investor in YC itself.
- garry 13y agos/is/was/