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I agree with ajju, hate is totally the wrong word to use. Both parties simply have different interests. In this case, Sequoia wanted liquidity on their invest
by mrduncan 17y ago
I agree with ajju, hate is totally the wrong word to use. Both parties simply have different interests. In this case, Sequoia wanted liquidity on their investment (the economy is in a downturn after all), while from what I understand Tony wanted to stay independent so that he could continue to run his company. I don't think that this in any way shows that Sequoia hates Tony though.
If the articles are true, it definitely casts a bit of a shadow on Sequoia. Having a reputation for wanting to cash out at any moment certainly isn't good when trying to court entrepreneurs.
- BrandonWatson 17y agoYes, both parties have different interests. One commenter pointed out that the employees could have really wanted this, as they likely don't have the financial security Tony has. I am sure there are more than one Twitter employee wondering when they can cash out some shares.