Evidence receipt / uncertainty
Published · transcript-backedDavid Rosenthal: uncertainty
26 Sept 2019 Acquired Sequoia Capital (Part 1)
“I don't know if Capital Group or Don did, but it is within Capital Group, this 1972 $5 million fund is called the Sequoia Fund.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- uncertainty
- Recorded
- 26 Sept 2019
- Publisher
- Acquired
- Episode
- Sequoia Capital (Part 1)
Transcript context
…Capital Group came up with the Sequoia name? Well, I don't know. I don't know if Capital Group or Don did, but it is within Capital Group, this 1972 $5 million fund is called the Sequoia Fund. Don starts working on this on behalf of Capital Group and Capital Goods clients, but again Don’s a maverick and he does things his own way. He’s not super interested in just working for Capital Group forever. He really wants to do this himself and Capital Group totally supports him in that. He starts making investments on behalf of them, but he also starts working in parallel on creating his own fund and own firm that he's going to call Sequoia Capital and raising an outside fund. You would think this would be easy. I mean, Don has this amazing track record. He has a brilliant strategy that nobody else can replicate. He knows what's going to work. Because there are no LP’s.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.