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Sequoia's Take on Apple
David Bianculli: Sequoia has learned these lessons over so many decades and seeing it time and time again. The other lesson that they take from Apple is what Don and Sequoia call an aircraft carrier approach to big markets. They start financing component companies around the PC industry, which drives much of their returns in these early funds. He says Instagram should have waited longer and then had a WhatsApp acquisition, at a bare, bare minimum.