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Can't See the Hits Coming
Fund: Sequoia Capital India
Posted by beaupeep on 2007-10-26
PUBLIC:
All their investments in tech space are into companies that are already successes.. Shaadi.com, IndiaTimes.com Etc.
All their early stage investments have been into companies that are duds. Guruji.com, MingleBox.com Etc. This shows they're unable to pick winners & are just happy picking smaller stakes at late stages.
This is fine for the limited partners, but shows to entrepreneurs that they're not very bright upstairs.
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