01 / evaluation
The others are not important. If you’re missing one, the other nine don’t matter.
“The others are not important. If you’re missing one, the other nine don’t matter.”
- Speaker
- Doug Leone
- Publisher
- Acquired
Public evidence record
Published podcast speaker
Claim ledger
10 transcript-backed records
01 / evaluation
“The others are not important. If you’re missing one, the other nine don’t matter.”
02 / evaluation
“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.”
03 / preference
“He explained to me what the ARPANET was, and he explained to me what open systems were. And yes, I went to Prime for a year-and-a-half because I wanted to sell computers on Wall Street because I knew that’s where the money was, but that was where the short-term money was.”
04 / evaluation
“He loved the sales approach because a great company has products from the inside out and the customers from the outside in, and he read correctly that I’d be a hustler but not in the word hustler that I would hustle, that I was smart, I was human, and he knew the question was can we reprogram him?”
05 / evaluation
“We learned that a public investment vehicle would help us in many ways, including how to look at these companies retrospectively.”
06 / preference
“” When I hear people can’t change, I chuckle a little bit because I felt like I changed, I felt like I had to rely on my gut, and I can’t have all the answers in tree structure prior to letting people create.”
07 / evaluation
“First of all, Sequoia V was $67 million because of a truly lack of ability to raise more money.”
08 / recommendation
“We’ve always done seeds but we’ve thought both for clarity of thought, marketing, we should do a C fund because we were starting to have a lot of C programs, such as a scout fund and a whole bunch of others we don’t really talk about.”
09 / evaluation
“We're going to bring these funds home. It was amazing how two different cats, with two different backgrounds, with two different styles who get along a lot, and really argue some as you would imagine, which is terrific, because that means we pour two different views on issues.”
10 / prediction
“Then, we also had a hedge fund because we realized that it’s way tougher to go from $0 to $100 million in revenues, from $0 to $5 billion in marketing cap than from $5 to $25 billion.”