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Sequoia’s Roelof Botha on “Crucible Moments” and the state of VC | E1804
This Week in Startups
EBay's acquisition offer provided much-needed support and confidence for PayPal's founders
eBay's acquisition offer gave the speaker's company a sense of security and confidence/nThe speaker supports founders being able to take secondaries to improve their financial situation/nTaking secondaries aligns the interests of the founders and investors/nIn the past, the concept of secondary offerings was not prevalent/nAccepting an acquisition offer was a no-brainer for the speaker in the past/nThe speaker's financial situation in the past compelled them to accept an acquisition offer
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