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A comment on Adapting to Endure – Sequoia Capital [pdf]. Parent comment

Re:Adapting to Endure – Sequoia Capital [pdf] by simonebrunozzi on Monday May 30, 2022 @03:52AM (#31556505)
> This happened for what is in retrospect and obvious reason: Big name investors and VCs needed time to cash out.

HUGE conspiracy theory here. Also, you are giving VCs too much credit. They're not super smart, with a few exceptions.

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Re:Adapting to Endure – Sequoia Capital [pdf] by VinLucero on Monday May 30, 2022 @04:07AM (#31556592)
To be fair… the top VCs disproportionately have a winner take all outperformance, and it is arguable that those same top 5 institutions are on average “super smart” to maintain said position over the long run
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