Sequoia COVID-19 memo?
Has anyone seen (or heard of) the memo Sequoia sent around to its partners/founders telling everyone to "prepare for the worst" as it relates to the coronavirus? Curious to see if anyone has any further intel.
Has anyone seen (or heard of) the memo Sequoia sent around to its partners/founders telling everyone to "prepare for the worst" as it relates to the coronavirus? Curious to see if anyone has any further intel.
Career Resources
https://medium.com/sequoia-capital/coronavirus-the-black-swan-of-2020-7…
thanks a bunch - not really sure i understand the sign-off though:
"Stay healthy, keep your company healthy, and put a dent in the world.
Best,
Team Sequoia"
put a dent in the world?
Cheesy terrible VC speak. Like "Make a difference"...
This is the memo the world's most "coveted" and "prestigious" VC fund was able to scrap together in the midst of what they define as a black swan event? This reads like the rubbish any S&T analyst ambitiously sends out at market close on the comedown of his daily Vyvanse dose.
"Nobody ever regrets making fast and decisive adjustments to changing circumstances" - Really? So nobody ever regrets making uncalculated, impatient adjustments to their business amongst unpredictable circumstances? Interesting thought. I wonder if that's what the old guard at Lehman Brothers thinks when they recall their last minute decision to turn down rescue financing in '09. Make a dent!
"Nobody ever regrets making fast and decisive adjustments to changing circumstances" is the same logic as "we're going to a different bar? better knock down one more shot!"
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