The Ledger
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Sequoia-backed companies comprise roughly 30% of NASDAQ's total market cap
“Like, if you look at the NASDAQ, about 30% of the NASDAQ by market cap were early Sequoia, you know, companies.”
Dr. Drew: Goldman contemplated $30M check for zero-revenue drdrew.com
“The day the Nasdaq fell apart. The day we were sitting in Goldman Sachs and the woman across the table was contemplating giving us thirty million dollars on a hundred and ten million dollar valuation for a company that had never made a penny.”
Sequoia-Backed Companies Represent 33% of Nasdaq Market Value
“Sequoia has helped capitalize companies that now represent 3.3 trillion of market value. 33% of the Nasdaq.”
Coogan: SK Hynix raises $26.5B in record foreign US IPO
“The South Korean memory chip giant SK Hynix made its NASDAQ debut today raising 26.5 billion dollars in the largest ever first time U.S. Share sale by a foreign company.”
Hays: Fast QQQ Inclusion Was a Priority for SpaceX
“This would, I imagine get them allocated into QQQ really quickly. And I know that was a priority.”
Hays: SpaceX Targets June 11th NASDAQ IPO
“SpaceX accelerates IPO timeline targets June 11th, Pricing on the NASDAQ.”