Two of our worst VC stories:
1. A Sequoia partner passed on Cloudflare because he didn’t think a woman could lead a security infrastructure company. Seriously. 🙄
2. I got introduced to @pmarca. Meeting got scheduled for a Monday, which should have been a clue. I thought it was just a casual meeting. He thought it was a pitch and brought the whole @a16z partnership team. Hilarity ensued. 🤪 At one point one of them said: “You don’t seem very prepared.” Which was true because I wasn’t. I framed the rejection letter they sent.
One more I forgot until just reminded:
3. Khosla Ventures wanted to invest in our Series C. Vinod took me, Michelle, and Lee out to dinner after he’d given us a term sheet. Near the end, Michelle and Lee got up to use the restroom. Vinod leaned over and said: “I’m impressed with you, not so much with them, what if you fire them and I’ll give you all their stock?” I think the charitable read was it was a test of my character. But I was so offended that we never spoke again. Literally blocked his number.
@deepakshenoy Its just normal for crowds to become completely negative and thats the time to buy usually. India is in a decent spot right now economically.
@StocksResearch Next q results are imp. This q was quite avg. Will be tough to justify multiples next q unless results show Nvidia type growth given 3x its multiples.
@rishabhm He is saying as he only has losses 😂. Why not to encourage flows. Why do other countries have it at 0. Everyone is trying to encourage flows only. Principles 😂
@ananthng@rajivanand So cut taxes and raise interest rates. Am more in favour of growth and thus not increasing rates. Tax reform is the way to go. Ultimately both our imports and exports seem to be price inelastic so depreciating doesn’t really seem to help.