Re:The Uncomfortable story to the Background of Facebook
by alaskamiller on Thursday June 12, 2008 @08:24PM
(#216413)
The scuttlebutt is that Facebook actually passed on Sequoia because of Peter Thiel.
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Re:The Uncomfortable story to the Background of Facebook
by aston on Thursday June 12, 2008 @08:52PM
(#216427)
Yeah, but is that really true? If so, why'd Zuckerberg even show up to pitch?
Re:The Uncomfortable story to the Background of Facebook
by mlinsey on Friday June 13, 2008 @01:59PM
(#216985)
I don't think anyone except the parties involved can know if that's true, so there's not much point in speculating. But I will note that nothing is better for getting term sheets than already having other term sheets, particularly a Sequoia term sheet. I wouldn't pitch a VC that I knew from the outset I didn't want to work with, but I'm sure some companies do.