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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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