2min chapter

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

This Week in Startups

CHAPTER

Is Sequoia the Bad Guy in Venture Capital?

When you look at this dispassionately from just the kind of external reading, Sequoia does not appear to be the bad guy here. Like Sequoia appears to be a firm that made a decision in the best interest of its help piece. You're supposed to look at every decision and say, will this return capital? Now, as an investor, you also want to have a heart, sure. But when it comes to writing the check and making the bet, you have to then make a dispassionate trade.

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