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3min chapter
Sequoia Capital (Part 1)
Acquired
Sequoia
Early stage capital is a special thing that it exists in our country. It's kind of mind boggling how difficult it would have been to convince people at this point in history that they should plow money into it. I think there's a faulty logic conclusion you can draw from that, which is that we should have an index fund on this. That defeats the whole cycle.
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