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All-In with Chamath, Jason, Sacks & Friedberg

Sequoia’s Roelof Botha: Why Venture Capital is Broken & How Great Companies Are Built

09 Oct 2025

Transcription

Full Episode

1.702 - 5.688 David Sacks

Sequoia is the most sought-after name in the venture capital business.

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5.808 - 11.317 Roelof Botha

The firm has made over a thousand investments, now worth in the trillions in public market value.

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11.337 - 17.205 Chamath Palihapitiya

There's a list of five VCs who I think can really transform a company, and you're one of those five.

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17.486 - 23.375 Roelof Botha

When I joined Sequoia, it was clear that if I wanted to make it as a partner, you needed to produce meaningful gains.

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23.675 - 28.823 Chamath Palihapitiya

YouTube, Instagram, Square, this is a list of amazing, amazing startups.

28.853 - 33.959 Roelof Botha

Our ambition is to build a partnership that endures, and that means we need to leave it in a better place than we found it.

35.801 - 48.256 Unknown

Ladies and gentlemen, please welcome Sequoia Capital's Rolof Botha.

49.778 - 58.708 Chamath Palihapitiya

Welcome. Rolof, there's a question. Where did Sax go? He had to pee-pee. He had to make a wee-wee.

59.87 - 62.657 David Sacks

Come on. Yeah, exactly. You guys did work together.

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