Sequoia’s Roelof Botha cautions startup founders against pursuing extremely high valuations while the firm intensifies its selective investment strategy.
The Trump administration has started acquiring direct equity holdings in U.S. businesses, not just as short-term emergency responses, as in 2008, but as enduring elements of industrial strategy. These actions prompt intriguing questions, such as what occurs when the White House becomes a listed shareholder. At TechCrunch Disrupt in San Francisco the prior week, Roelof…
