Sequoia Capital plays Nostradamus (again)

Sequoia Capital, the storied, 50-year-old venture firm, has become known over the years for warning the founders in its portfolio about market shifts after the shift has become somewhat obvious.
Still, while it’s tempting to poke fun at the outfit for these missives — its “R.I.P Good Times” in 2008 and its “Black Swan” memo in March of 2020 have become legendary —  many teams are wondering right now how long the current downturn could last, so it’s not surprising that the outfit has put together a new and very thorough presentation, warning the m

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