Fund: Sequoia Capital
Posted by anon on 2007-08-08
Sequoia Capital has been very willing to help our company before we even agreed on a termsheet - they helped close prospective employees, did legwork to help figure out user growth, and continuously offered product feedback. After closing remained very active/helpful investors, which can be extremely beneficial if you are a young entrepreneur without a lot of experience.
Contrary to a lot of other reports, I found Sequoia to be very humble - attitude throughout the process was "you are our customers, and we are only as good as our next investment."
Getting funding was very painless. We agreed on terms ~48 hours after our pitch and closed everything ~2 weeks later. Deal was expensive but fair.
TIPS ON GETTING FUNDED:
- get angels who are good friends with Sequoia
- build a product and have some users/customers before pitching
- obsessively focus on execution
- they prefer youth and passion to business experience, so come pitch in jeans and tshirt!
Ask any questions in comments belowPRIVATE: Members Only