Rafer sez:
I frequently post about ‘1st-time founders should go get a little rich and then decide if they want to go big. The odds of success suck to badly otherwise.’ None of that’s going to change, but Omar, AdMob’s founder, clearly made himself one of the exceptions. Looking back over the past 5 to 10 years, just what fraction of the exceptions were Sequoia-funded? 25%? 30%? Wow.
Yeah a bunch were Sequoia deals but how many were practically inside deals (ie. Sequoia selling to previous Sequoia companies)? This price is hard to imagine given any traditional valuation metric except Sequoia engineering a deal amongst friends. Long live the Sequoia-mafia as the might say.
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sawickipedia reblogged this from rafer and added:
bunch were Sequoia deals but how many were practically inside deals (ie. Sequoia selling
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digitalsoma reblogged this from rafer
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rafer posted this
