On: Sequoia’s Leone: In Venture, Big is the Enemy of Great

[jbyers]

I misinterpreted the title of the article and this post. I thought Leone was making this point about startups. He's not.

tl;dr: VC is warfare; venture firms themselves need to be aggressive, nimble, and revolve around small teams to thrive. Don't give up too much equity, beware overcommitted angels, and sometimes high growth companies need tons of funding.

[jdcryans → jbyers]

I found one nugget: “You want very small, tight teams, same thing with running an engineering department.”

I can think of reasons why you'd want that, but yeah the article wasn't about making that point.