Chamat: Sequoia has always been known to fund everybody that they think will make money no matter how much they compete. He says all of these actions are too close together and it's a little bit to me Of flailing in the water. And so I don't think it was a good idea To let india leave, he adds. Chamart: It made a ton of sense to cut china But I think all of this stuff happened started happening a few years ago Starting with that eight or nine billion dollar megafun that they raised to try to compete with soft bank.