This is same deck that they had in 2008. That said, it’s still applicable
Just for others seeing this, the content of the deck is in fact new. I could totally see how the advice may be the same as a prior deck though.
Adapting to Endure – Sequoia Capital [pdf]
11–20 of 83 posts
Re: Adapting to Endure – Sequoia Capital [pdf]
#12These slides feel surprisingly like a twitter-style blog sequence. . .
Somehow, I feel like I’m being served ads.
By a hedge fund.
Walk away.
Re: Adapting to Endure – Sequoia Capital [pdf]
#13Anyone have a link to the slides for the 4 breakout sessions mentioned at the end?
Re: Adapting to Endure – Sequoia Capital [pdf]
#14> "Who doesn't just survive but win?"
A finite mindset?
> "I want to take you back to early 2000 ..."
Does the world still look like the early 2000s?
Re: Adapting to Endure – Sequoia Capital [pdf]
#15This is a return to business fundamentals; you no longer get to burn money and not deliver value.
Cheap money has been a plague on tech. Even bucket shop crypto shitheads like Parcl were getting 10's of millions of dollars. The party is officially over for charlatans like them.
Re: Adapting to Endure – Sequoia Capital [pdf]
#16These slides feel surprisingly like a twitter-style blog sequence. . . Somehow, I feel like I’m being served ads. By a hedge fund. Walk away.
Technicality: Sequoia Capital is not a hedge fund. It's a private/venture capital firm.
Re: Adapting to Endure – Sequoia Capital [pdf]
#17This is a return to business fundamentals; you no longer get to burn money and not deliver value. Cheap money has been a plague on tech. Even bucket shop crypto shitheads like Parcl were getting 10's of millions of dollars. The party is officially over for charlatans like them.
The party was over in 2008 too, yet here we are.
Re: Adapting to Endure – Sequoia Capital [pdf]
#18Just when the Nasdaq posts one of its biggest weeks in a long time. This is why I tend to tune this stuff out. The time to have made this presentation was 6+ months ago. Now too late. Still long, have not sold anything. Added more to my position last week.
Bear rallies are fierce. I do not think we've hit bottom yet. Notably this opinion is shared by Michael Burry, Jeremy Grantham, and Ray Dalio, among others.
Re: Adapting to Endure – Sequoia Capital [pdf]
#19This is a return to business fundamentals; you no longer get to burn money and not deliver value. Cheap money has been a plague on tech. Even bucket shop crypto shitheads like Parcl were getting 10's of millions of dollars. The party is officially over for charlatans like them.
The party was over in 2008 too, yet here we are.
It comes in cycles. I don't think anyone's saying that valuations are going to be low until the heat death of the universe.
Re: Adapting to Endure – Sequoia Capital [pdf]
#20This is a return to business fundamentals; you no longer get to burn money and not deliver value. Cheap money has been a plague on tech. Even bucket shop crypto shitheads like Parcl were getting 10's of millions of dollars. The party is officially over for charlatans like them.
The party was over in 2008 too, yet here we are.
The 2008 recession lasted 18 months. On the other hand, the 2000 dot com bust technically resulted in only an 8 month recession but impacted tech hiring & spending for several years.
Yeah, "here we are" but we may have to get through a very rough patch for a couple of years before getting to the next run up.