Smash Notes

Why Didn't Sequoia Invest in Facebook

at 1:07:10

From the episode: How to make a million dollars - Lessons Learned From 1,000-Plus Investments

Answer

Peter Thiel and Sean Parker teamed up to make sure Sequoia was not part of Facebook's early round. However, future sales of Instagram and WhatsApp to Facebook had given Sequoia a sufficient steak in the company.

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