Doug Leone

speaker
397 appearances 1 recordings 1 series first heard Jun 2025 last heard Jun 2025

Doug Leone’s voice in public audio — every appearance, attributed to the second.

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to help you that much.
That that's just my view.
So y you're gonna find my answer uh sarcastic.
Uh, first of all.
The sham of the scam that is called venture capital.
Let's take a look at this.
We get paid we we raise money for which we get paid fees for the pleasure of investing the money.
If we lose the money, so what?
And if we make money, we get to key somewhere between 20 and 30 percent.
You wonder why the balance between greed and fear always lean towards greed.
A much more fair review would be here's the money, no fees, and you have to match dollar for dollar what you raise with your own money.
Now you would see the greed and fear balance.
So already you have this this proclivity to lean in.
Be because of the compensation structure.
Point one.
Point two, we have seen every generation, and by the way, I know my partners or certainly in Sequoia marketing won't be happy that I said all that, but who cares?
Uh, you know, I I'm old enough that I can say that.
Second, uh, we've seen every wave.
To be stronger and stronger.
If we just look at the internet wave, 1995, when NetScape goes public, 1999, two great companies get built.
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