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Chronicles

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A profile of Sequoia's Roelof Botha, who seeded the idea of Sequoia Capital Fund, which holds stakes in companies past the traditional 10-year VC fund cycle

109. One billion dollars.  —  Roelof Botha used to write 109 on the corner of his notepad every week when he started at Sequoia 19 years ago. Tweets: @bizcarson , @inakib , @mfriedrichark , @sarthakgh , @shaunmmaguire , @rabois , @ericnewcomer , @ericnewcomer , @protocol , @jimgoetz , @bizcarson , @lucianalix , @vkhosla , @dannygroner , and @owenthomas . Thanks: @owenthomas Tweets: Biz Carson / @bizcarson : Sequoia's invisible hand: How @roelofbotha became one of the most powerful people in venture capital https://www.protocol.com/... Inaki Berenguer / @inakib : good investing means taking risks in startups that are more likely than not to fail. “Coming to grips with being wrong, not 5% of the time, but 40% of the time, really eats at your self-confidence, honestly,” Botha said. “I nearly quit the business.” https://www.protocol.com/... Maximilian Friedrich / @mfriedrichark : Insightful interview/profile on Sequoia's @roelofbotha and the firms move to open up its fund for public equities: https://www.protocol.com/... Some tidbits: 1) “How much more could Sequoia have realized if he'd let those bets ride? Square... has grown tenfold in value since its IPO” @sarthakgh : “Sequoia founder Don Valentine had warned Botha in the interview process that he hadn't failed enough in his career. Successful people join venture capital, only to have to face the fact that good investing means taking risks in startups that are more likely than not to fail.” https://twitter.com/... Shaun Maguire / @shaunmmaguire : .@roelofbotha is one of those people with such extreme range that it's hard to describe him with words. Yet @bizcarson did so beautifully He is tough but loving; hard but soft; serious but goofy; brilliant but ok being wrong; a dreamer but a realist Non-fungible indeed 😉 https://twitter.com/... https://twitter.com/... Keith Rabois / @rabois : Excellent profile of my friend, frequent collaborator (PYPL, YouTube, SQ, Xoom) and primary competitor😊. https://twitter.com/... Eric Newcomer / @ericnewcomer : nice profile on Roelof Botha, clearly the the next in line to the thrown at Sequoia. Eric Newcomer / @ericnewcomer : note to self: start writing 10 to the 9th power in the corner of all my notebooks https://twitter.com/... @protocol : Roelof Botha's history — from Tupperware salesman to one of Sequoia's youngest partners — is one of a kind. And even though he isn't the type of leader to, say, post salty Twitter memes or run his mouth on a podcast, you shouldn't underestimate him. https://www.protocol.com/... Jim Goetz / @jimgoetz : overdue coverage on the other “south african” making an impact in tech. @roelofbotha @elonmusk @sequoia https://www.protocol.com/... Biz Carson / @bizcarson : It's an understated and quiet style of leadership with a true north of integrity that's made him so respected and so powerful within the venture community. I hope you'll read more and get to know Roelof: https://www.protocol.com/... Luciana Lixandru / @lucianalix : I am fortunate enough to have met many incredible people. ⁦⁦@roelofbotha⁩ is in a league of his own. https://www.protocol.com/... Vinod Khosla / @vkhosla : 10^10 is a great goal. Congrats. https://twitter.com/... Danny Groner / @dannygroner : I talk about this phenomenon all the time these days. You want to be left alone with the cash? There are people who do that. Take investment from them, if that's your preference. Still plenty who want partners in growing the business. That's where we are. https://www.protocol.com/... https://twitter.com/... Owen Thomas / @owenthomas : I remember colleagues raving about Roelof Botha as PayPal raced to an IPO two decades ago, during the dot-com bust. He's since played a pivotal role transforming Sequoia, first as an investor (YouTube, Instagram, Square) and now as... https://www.linkedin.com/... https://www.protocol.com/... Thanks: @owenthomas

Protocol Biz Carson

Discussion

  • @bizcarson Biz Carson on x
    Sequoia's invisible hand: How @roelofbotha became one of the most powerful people in venture capital https://www.protocol.com/...
  • @shaunmmaguire Shaun Maguire on x
    .@roelofbotha is one of those people with such extreme range that it's hard to describe him with words. Yet @bizcarson did so beautifully He is tough but loving; hard but soft; serious but goofy; brilliant but ok being wrong; a dreamer but a realist Non-fungible indeed 😉 https://…
  • @ericnewcomer Eric Newcomer on x
    note to self: start writing 10 to the 9th power in the corner of all my notebooks https://twitter.com/...
  • @jimgoetz Jim Goetz on x
    overdue coverage on the other “south african” making an impact in tech. @roelofbotha @elonmusk @sequoia https://www.protocol.com/...
  • @bizcarson Biz Carson on x
    It's an understated and quiet style of leadership with a true north of integrity that's made him so respected and so powerful within the venture community. I hope you'll read more and get to know Roelof: https://www.protocol.com/...
  • @lucianalix Luciana Lixandru on x
    I am fortunate enough to have met many incredible people. ⁦⁦@roelofbotha⁩ is in a league of his own. https://www.protocol.com/...
  • @vkhosla Vinod Khosla on x
    10^10 is a great goal. Congrats. https://twitter.com/...
  • @rabois Keith Rabois on x
    Excellent profile of my friend, frequent collaborator (PYPL, YouTube, SQ, Xoom) and primary competitor😊. https://twitter.com/...
  • @ericnewcomer Eric Newcomer on x
    nice profile on Roelof Botha, clearly the the next in line to the thrown at Sequoia.
  • @protocol @protocol on x
    Roelof Botha's history — from Tupperware salesman to one of Sequoia's youngest partners — is one of a kind. And even though he isn't the type of leader to, say, post salty Twitter memes or run his mouth on a podcast, you shouldn't underestimate him. https://www.protocol.com/...
  • @dannygroner Danny Groner on x
    I talk about this phenomenon all the time these days. You want to be left alone with the cash? There are people who do that. Take investment from them, if that's your preference. Still plenty who want partners in growing the business. That's where we are. https://www.protocol.com…
  • @owenthomas Owen Thomas on x
    I remember colleagues raving about Roelof Botha as PayPal raced to an IPO two decades ago, during the dot-com bust. He's since played a pivotal role transforming Sequoia, first as an investor (YouTube, Instagram, Square) and now as... https://www.linkedin.com/... https://www.prot…
  • @partechpartners @partechpartners on x
    It's the day you've all been waiting for... 👀 📢 The 2021 Partech Africa Report is finally here! Want to see how the total $5.2B raised by African tech breaks down? Download the full report here: 👉 https://partechpartners.com/ ... https://twitter.com/...
  • @jakerbright Jake Bright on x
    @ulonnaya breaks down Africa VC funding reports & methodologies. The data's getting better, particularly over '19 when @Techcrunch tracked $500M to $1.5BN spreads across estimates. & great to see women founder #s @PartechPartners @briterbridges @MaxBayen https://techcrunch.com/..…