Evidence receipt / evaluation
Published · transcript-backedDoug Leone: evaluation
18 Feb 2020 Acquired Sequoia Capital Part II (with Doug Leone)
“My first three investments were IPOs, which was good, but it also builds a false sense of confidence because after that, I thought I knew something and I woke up one day in 2001, I looked at my ten boards and I said “Oh my God.”
Source trail
Everything needed to verify it.
- Speaker
- Doug Leone
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 18 Feb 2020
- Publisher
- Acquired
Transcript context
…It’s a journey. Exactly, it's a complete journey. I just work, build knowledge, I develop a network, and with some luck—there’s always some luck—lot’s of hustles, some brain, some skill, I was able to generate some of the ideal flow and had a very lucky good start. My first three investments were IPOs, which was good, but it also builds a false sense of confidence because after that, I thought I knew something and I woke up one day in 2001, I looked at my ten boards and I said “Oh my God. There’s not a winner there.” It was an early success, go through the abyss (and I see investors here go through the abyss), and when someone goes through the abyss, you got to let them pull themselves out. If they come out the other side, they’re terrific. I went through the abyss and then I went. What were those first three that were IPOs?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.