Sequoia Capital

I'm going to read something by Sean McGuire.

He is a partner at Sequoia.

Here's the education part.

So there's what's called venture capital firms, and there's big name brand venture capital firms in Silicon Valley.

Sequoia happens to be one of them.

If you work at Sequoia, it means you're rich and you're...

Fucking smart.

So this guy is both, probably.

Let's just move on to a related story here because I don't know if you came across this on X. I know you spend a lot of time on X.

But Sequoia Capital is often in the news because they are obviously funding many of these AI startups.

And one of their partners in Sequoia Capital, a guy called Pat Grady, he was preparing for a speech.

I guess he's opening now.

He was going to go and talk at some commencement speech thing at a university like they all do.

Started providing services.

And I was also a bit at the time when, of course, Y Combinator and Sequoia Capital launched their visions on the market.

And it was quite well aligned.

And so the timing couldn't have been better, actually.

The government already listens to us, and at least they have the decency to do it for free.

Silicon Valley heavyweight Sequoia Capital is officially packing up its London office and retreating to the Bay Area.

They say they'll still back European startups.

They just don't want to pay London rent or deal with the time zone to do it.

So then you're going to start to see it from a couple of those ownership structures.

Then you go, okay, Venture capital for sure is because when you look around the podcast, Mark Andreessen and anybody, everybody at Sequoia capital and the all on podcast guys, all these tech bros, they own, like they have the money.

So they tell everybody what to do.

And if they're on podcasts talking about how cool this stuff is, it's because they're like, we don't have to listen to anybody.

Uh, it was started out being named KDM.

This started by, uh, Tim Junio and Sean McGuire, who's now one of the partners at Sequoia.

So we led their seed round in their series A, ended up being a good acquisition by Palo Alto Networks.

Again, it's like, it doesn't really move the needle for a fund of our size, but it was a great company.

Over two-thirds of the money received by the group over the past six weeks has been in stock.

Backers have included venture capitalists from the top firms like Sequoia Capital, Kotu, Crystal Catalyst, and Benchmark, as well as founders of tech companies including Robinhood, Rippling, DoorDash, Reddit, Figma, and Coinbase.

A spokeswoman for Kleiner Perkins, which has donated $1 million to the group, said its donation reflected its belief that California should be the place where the most ambitious people in the world choose to start and grow their companies.

A half dozen other donors said they gave out of frustration and believe the proposition is poorly written, is illegal, and will not, despite promises from its architects, be a one-time tax.

Over two-thirds of the money received by the group over the past six weeks has been in stock.

Backers have included venture capitalists from the top firms like Sequoia Capital, Kotu, Crystal Catalyst, and Benchmark, as well as founders of tech companies including Robinhood, Rippling, DoorDash, Reddit, Figma, and Coinbase.

A spokeswoman for Kleiner Perkins, which has donated $1 million to the group, said its donation reflected its belief that California should be the place where the most ambitious people in the world choose to start and grow their companies.

A half dozen other donors said they gave out of frustration and believe the proposition is poorly written, is illegal, and will not, despite promises from its architects, be a one-time tax.