Sequoia hits the jackpot

Shan Sadiq | Monday October 9, 2006 | 430 views


I bet the partners at Sequoia are bouncing off walls today. Based on Sequoia owning an estimated 1/3 equity in YouTube, they made $550 million on today’s acquisition. It’s good to be a VC at times like this. I am sure Sequoia is eager to invest in even more tech startups now.

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