9 Comments
Jun 24, 2023·edited Jun 24, 2023

why am i thinking that this is a direct dig about marcellus :P

Expand full comment

Which point gives this impression?

Expand full comment

25% prospective IRR and the following

"A pattern of launching scheme after scheme implies a marketing firm, not an investment firm. As does a pattern of frequent, glib salesmanship over cautious, responsible communication."

Expand full comment

Good one Anand -- thanks for highlighting the reputation versus perception. And I also like the pattern of choice over instance of mistake.

Expand full comment

one fraud victim, too many accomplice. is sequoia listening

Expand full comment

Hey Anand, very well articulated. Discipline is key.

Expand full comment

How to differentiate you have cleared it.

Expand full comment

Good one.

Expand full comment

Excellent piece of writing sir. To the point.

Expand full comment