This Week in Startups

Sequoia’s new structure, $HOOD and $TWTR earnings + Bolt’s Ryan Breslow: 4-day work week | E1313

Oct 27, 2021
Ryan Breslow, CEO and founder of Bolt, shares insights on transitioning to a four-day work week, highlighting its boost to productivity and employee wellness. He discusses the importance of open-sourcing company resources and maintaining team cohesion with remote work challenges. Plus, the conversation touches on innovative startup management techniques and the evolving landscape of venture capital, showcasing Sequoia's new evergreen fund structure and its implications for long-term growth in the tech industry.
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INSIGHT

Sequoia's Evergreen Fund

  • Sequoia Capital is transitioning to an evergreen fund structure.
  • This allows them to hold investments longer and potentially gain higher returns.
ANECDOTE

Missed Apple Gains

  • If Sequoia had held their initial Apple investment, it would be worth billions today.
  • They sold early, missing out on massive gains.
INSIGHT

Evergreen Fund Benefits

  • The evergreen structure benefits Sequoia's influence and tax strategy.
  • Holding shares longer increases board presence and reduces taxable events.
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