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7: Ben Gilbert & David Rosenthal (VCs and hosts of Acquired): Top investment lessons, what makes the best tech companies, and more

Onward, a Fundrise Production

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The Power of Unforced Errors

Venture capital firm Sequoia Capital was one of the initial investors in Apple. When they had an opportunity to sell their shares before the IPO at something that like, I want to see they invested 150k and sold it for 6 million or so,. This was proto venture capital. The whole fund size was only like three or four or five million, maybe five million. So return the entire fund within 18 months of having made this investment.

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