Sequoia’s Leone: In Venture, Big is the Enemy of Great

Re:Sequoia’s Leone: In Venture, Big is the Enemy of Great by zupreme on Monday December 10, 2012 @05:50PM (#4901962)

I think that growth, as a metric for gauging success will soon fall out of favor. Soon stodgy old concepts like "revenue" and "profit" will begin to take hold again.

The assumption that eyeballs will eventually equal dollars has been proven false again and again. Eventually Angel Investors and VC's will have to return to the same types of fundamentals that banks have been following all along (the recent financial...hiccup...aside).

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Re:Sequoia’s Leone: In Venture, Big is the Enemy of Great by rmah on Monday December 10, 2012 @06:20PM (#4902180)

It's dangerous because it limits your options. Say you take money from an angel that is strongly associated with a single VC fund. Assuming you do well, when you need to raise your series A, if that VC fund declines, then it's less likely another VC will fund you. And they know this. Essentially, you have given them a lot of power over your future financing.

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Re:Sequoia’s Leone: In Venture, Big is the Enemy of Great by malachismith on Monday December 10, 2012 @07:06PM (#4902360)

You misunderstand the goal of a Venture Fund within an investor's portfolio. It is supposed to to be high risk, high reward, GROWTH investment.

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