VC Firm Sequoia’s Nuanced Message: A ‘Black Swan’ In 2020 Versus ‘RIP Good Times’ In 2008
In a March 5th post titled Coronavirus: The Black Swan of 2020, Sequoia Capital confirmed it is already seeing a drop in business activity, disruption of the supply chain and travel curtailment. The firm’s guidance to startups is to assess their runway (as future financing might become challenging),