Updating Priors While Maintaining Conviction

Sequoia Managing Partner Roelof Botha on surviving PayPal’s near-collapse to shaping companies like Square and YouTube, this episode unpacks how enduring companies are built-not by hype, but by discipline and clarity. Discover how existential threat forges resilience, why delayed gratification is the ultimate founder edge, and how to think like an actuary when the market turns. A rare look inside the operating philosophy that’s guided Silicon Valley’s most iconic firms for two decades.