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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"...
Silicon Valley is more prone to trendy phrases than anyplace else I can think of. And one of their big trends the last 5-10 years is to always try to make success sound edgy.
If you're succeeding you're "badass". Especially used for women.
You're not supposed to just be dedicated, you're supposed to "move fast and break things." I know one Series A company that has a sign at their reception desk reminding everyone to "do epic shit."
And don't just make a difference, but "put a dent in the world."
When nerds become cool kids, they talk how they think cool kids are supposed to talk.
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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