One of the things humans are bad at is remembering the past and incorporating the lessons they learned from difficult experiences. I’m sure there’s a philosophical word for this, but I’ve now heard the phrase “this time it is different” so many times that it doesn’t register with me as a valid input.
I woke up this morning to Howard Lindzon’s post R.I.P Good Times (Said Sequoia in October, 2008) and Nobody Knows Anything pointing to David Frankel’s tweet:
— David Frankel (@dafrankel) May 15, 2018
All of this ultimately led to me reviewing Sequoia’s classic slide deck from 2008.
I remember reading it in 2008. We were about a year into our first Foundry Group fund, which