Akkina: Sequoia's Dominance Came From Partners Appealing to Different Founder Profiles
Ryan Akkina · Ryan Akkina: How MIT Builds Their Venture Fund Portfolio & How MIT Approach Direct Investing | E1109 · 20VC with Harry Stebbings · Jan 29, 2024 · at 12:43
Ryan Akkina of MIT Investment Management Company (MITIMCo) shares an insight on how Sequoia Capital achieved broad market coverage through diverse partner personalities.
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“An interesting observation I heard about Sequoia once actually is that one of the things that made them so successful was there was this period where they had Mike Moritz and Jim Getz and Doug Leone all kind of in their prime all very impressive VCs in their own right. But interesting, they each have kind of a different flavor of entrepreneur that they would appeal to. So between having those three really impressive people who all kind of had different entrepreneurs they would appeal to, that allowed Sequoia to cover a really broad swath.”
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