2min chapter

This Week in Startups cover image

The Definitive History of VC with "Power Law" author Sebastian Mallaby | E1550

This Week in Startups

CHAPTER

How Does a Partnership Really Survive and Last?

There is a tale of these two giants woven throughout the book. sequoia emerges as this utterly dominant firm, and john dore has a phenomenal reputation. The older ones are financially incentiv to invest their own time in helping the new person e get started,. because they're going a share in whatever profits that new person can generate. So its, it kind of creates an incentive to be helping each other er, you know, sicor does it in a different way. They've got thei steward o framework with people at the top with the title of steward. And they don't do much in the way of investing. What they do as they manage the company is

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