Today is a crucible moment in @sequoia’s journey. The traditional 10-year fund cycle of VC has become obsolete.
Enter: The Sequoia Fund. It removes all artificial time horizons on how long we can partner with companies. (1/3)
Hard to turn a damning set of documents from the Facebook whistleblower into an ignorant screed that lands zero punches and makes you feel sorry for the Mark Zuckerberg, but this persistent numpty has done it again. Back on the porch, Kevin, and let the big dogs handle this one.
The Facebook Papers reports illustrate that Big Tech and Legacy Media companies are not just hysterically anti-conservative—they are against any idea that doesn’t fit their narrative.
What they are doing is a particularly dangerous practice of misinformation. My full statement: https://t.co/Sl1orXmhdH
“Because of controlling stock, Zuckerberg will continue to wield all the real power at Facebook for as long as he wants. But the era of his being the adored dear leader and cultural touchstone at the company is effectively over.”
1/ Over the past 6 months, @David_M_Kerr and I have been researching several legal issues facing many DAOs (liability, taxes, contracting, etc.) that are beginning to emerge and that threaten their viability. Today, we published a potential solution.👇
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