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Investors

All Bets Are On (All $4 Billion of Them)

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The Business of Sharing
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Abstract

I was standing on hallowed ground. But I was determined not to wither in awe. I glanced quickly around the high-ceilinged lobby of Sequoia Capital, at the flat screen TVs and the framed logos of the once obscure companies that the venture capital fund has helped grow into giants: Apple, Cisco,Google, LinkedIn, Oracle, PayPal, WhatsApp, Yahoo, and—small by comparison but growing ever-faster—Airbnb. Those logos reminded me that Sequoia Capital is more than just Silicon Valley history, that its companies have shaped civilization as we know it. Every CEO in the world wants to meet with Sequoia Capital. I had an hour and I needed to give the pitch of my life.

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References

  • Ghosh, Shikar, Why Companies Fail (Harvard, 2012). Ghosh’s statistic on the failure rate of companies is derived from his analysis of over 10,000 startups during the last 20 years: http://hbswk.hbs.edu/item/6591.html.

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© 2015 Alex Stephany

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Stephany, A. (2015). Investors. In: The Business of Sharing. Palgrave Macmillan, London. https://doi.org/10.1057/9781137376183_5

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