{"id":18578,"date":"2020-05-11T01:59:39","date_gmt":"2020-05-11T01:59:39","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/sequoias-roelof-botha-is-more-optimistic-about-startups-today-than-he-was-a-year-ago.html"},"modified":"2020-05-11T01:59:39","modified_gmt":"2020-05-11T01:59:39","slug":"sequoias-roelof-botha-is-more-optimistic-about-startups-today-than-he-was-a-year-ago","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/sequoias-roelof-botha-is-more-optimistic-about-startups-today-than-he-was-a-year-ago.html","title":{"rendered":"Sequoia\u2019s Roelof Botha is more optimistic about startups today than he was a year ago"},"content":{"rendered":"

\u201cI just think<\/span> change unfairly favors the startup, the nimble small company,\u201d says Roelof Botha.<\/a><\/p>\n

The Sequoia partner, whose portfolio includes Unity, 23andMe, Instagram, Instacart, Xoom and YouTube, says he\u2019s hopeful about the opportunities this pandemic has created for companies across a variety of sectors, including healthcare, cloud computing, social and others.<\/p>\n

We spoke for an hour with Botha about several topics, including how user behavior is rapidly evolving, trends he\u2019s seeing, his outlook on economic recovery, how he\u2019s evaluating new investments and how fundraising itself is changing. Fun fact: Sequoia has made 10 investments over Zoom since the coronavirus pandemic forced us to stay at home.<\/p>\n

The full conversation was broadcast on YouTube, and the embed appears below.<\/p>\n

Side note: Extra Crunch Live<\/a> is our new virtual speaker series for Extra Crunch members. Folks can ask their own questions live during the chat, with guests that include Aileen Lee<\/a>, Kirsten Green<\/a>, Mark Cuban<\/a>\u00a0and many, many more. You can check out the schedule here<\/a>.<\/p>\n

Below, you\u2019ll find a lightly edited transcript of our recent chat with Botha. Enjoy!<\/p>\n

The differences in fundraising based on stage<\/h2>\n

When you\u2019re listening to a seed-stage company, it\u2019s often about the story. The founders paint a vision of the future. That\u2019s part of what I love about my job, by the way. You\u2019re sitting there and you\u2019re trying to imagine what the world is going to look like one day and whether this company is on the right side of history. Or is it implausible that this will happen? It\u2019s so much fun to sit there and think about that. At the seed stage, it\u2019s about the story.<\/p>\n

As you get to a Series A or Series B stage, the company will definitely start to have some metrics: usage numbers, early adoption numbers. If it\u2019s an enterprise company, what are people willing to pay for your product? You start to get a sense of the metrics that back up the story. If the metrics don\u2019t support the story, then you start to wonder if that company makes sense. In the long run, you need to have financials that flow from the metrics. But that\u2019s typically at a Series C or later stage. And clearly, by the time a company goes public, you need to have connected story to metrics to financials.<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/MLHeUa3A004\/<\/p>","protected":false},"excerpt":{"rendered":"

\u201cI just think change unfairly favors the startup, the nimble small company,\u201d says Roelof Botha. The Sequoia partner, whose portfolio includes Unity, 23andMe, Instagram, Instacart, Xoom and YouTube, says he\u2019s <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-18578","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t