Website is a business that looks very simple and easy to those who look at it from outside. They find it difficult to believe that VC can be complicated and strife torn. After all, all it takes to succeed in this business is to have a knack to identify future successful entrepreneurs, isn’t it? But ask those who are involved with venture capital as managers or investors and you get to know the inside story.
There is a lot going on inside a VC firm
There is always an ongoing tussle between junior and senior partners in a venture capital firm. You would be surprised to know that there is infighting over who is lucky and who is great at identifying future prospects. There is also this tussle to decide who deserves bigger share of the profits. There are always talks inside the company who needs to be shown the door. Add to this personal feud and you can easily assume the scene inside a venture capital company with all this infighting.
Sequoia is a company with a difference
Against such a backdrop, the success of Sequoia looks like a fairytale. It is a company that has been running successfully for more than 4 decades now. May be it has to do with the unusual hiring habits or the work culture inside the company. Some attribute it to the pay structure inside Sequoia. Whatever it may be, Sequoia Capital has continued to march ahead in the world of Venture Capital like a shining star.
The founder of Sequoia was an Italian immigrant. The company continues to work like an Italian family full of personalities. Ego clashes are common and frequent but the overall scene inside the company remains harmonious. New leaders emerge while older ones move out, taking lots of cash with them.