4min chapter

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Sequoia resigns from Citizen's board, IPO window opens, chaos at Dapper Labs | E1691

This Week in Startups

CHAPTER

Sequoia - The App That Scares the Crap Out of You

Last month Sequoia left the board of its portfolio company Citizen, otherwise known as the app that scares the crap out of you because every time you wake up in the morning, you have 10 citizen. Notifications and none of them are ever good. This is why these crammed down rounds have apparently been happening frequently in this new environment. It anticipates since, hey, those four fund raisings I just described happened easy peasy lemon squeezy. The person's will raise our last round in 100 million and nobody can agree. And then some people might have to block some valuations.

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