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Subject: Airbnb

paulgraham.com

11–20 of 146 posts

Re: Subject: Airbnb

#11
If someone still has any doubts about the value of YC, they should read this email exchange. PG is pushing for the startup as if it was his own. He genuinely wanted them (and also the VC firm) to succeed.

Great stuff.

Re: Subject: Airbnb

#12
It's interesting that in the end Airbnb raised from Sequoia, I wonder if lots of other VCs passed.

It possibly shows why Sequoia are the best.

Re: Subject: Airbnb

#13
the most amazing thing is that it took them only 2 years to come to a stage that a VC had to write a blog regretting missing them out.

Re: Subject: Airbnb

#14

If someone still has any doubts about the value of YC, they should read this email exchange. PG is pushing for the startup as if it was his own. He genuinely wanted them (and also the VC firm) to succeed. Great stuff.

What? He was invested in them. Do you think he wants to see them crash and burn?

Re: Subject: Airbnb

#16
Great examples of VCs never saying no directly and of a strange insider be-terse-and-get-out-of-my-way writing style.

Re: Subject: Airbnb

#17
VCs often say they invest in team first and idea second but USV decided not to invest in AirBnb despite having no (obvious) reservations about the team or their ability to execute.

Does this mean that ideas are more important than investors really let on?

Re: Subject: Airbnb

#19
post #12

It's interesting that in the end Airbnb raised from Sequoia, I wonder if lots of other VCs passed. It possibly shows why Sequoia are the best.

True that is. +1 for the suburban golf loving VC's - at the end of the day, they are successful for a reason.
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