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Because if the startup wasn't one they'd have funded otherwise, it would be the world's most extreme case of throwing good money after bad. They'd be investing
by pg 17y ago
Because if the startup wasn't one they'd have funded otherwise, it would be the world's most extreme case of throwing good money after bad. They'd be investing millions to improve their return on an investment of tens of thousands.
- carbocation 17y agoPG is right on. Sequoia didn't get this far by dumping money into failing companies just because they had previously dumped money into them.
- gbookman 17y agoMakes sense to me.