Going Big in Venture Capital
SaaStr
NOVEMBER 11, 2022
Back then, folks all over Twitter were making fun of Sequoia for investing $20m+ in an iOS app that never launched and failed. And let’s assume Leone and Sequoia put in 70% of the capital. Now, to a small fund, or a new VC, I’d think a $14m loss would just be awful. So the original post below I wrote a full 10 (!)
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