PortalsOS

Driscoll acknowledges the challenge of retaining experienced military personnel who become frustrated with bureaucracy, emphasizing the need to empower leaders who can drive change.

We have the sense of stewardship, but you have to leave the partnership in a better place than you found it. Don Valentine didn't call it Valentine Ventures when he started it. He handed the partnership over to a next generation with Mike Moritz and Doug Leone and Jim Goetz. And we're now part of a third generation, our team currently running the partnership.

Sequoia has chosen not to build a large organization but to focus on being more effective and productive with technology.

At Sequoia, investment decisions are made by consensus. If one person says no, it doesn't happen. This blew my mind when I first got there.

We don't have the expertise for biotech at Sequoia, and it's very dangerous to assume success in one domain translates to another without the right knowledge.

Daniel Ek's perspective on leadership involves being present for his team when needed, akin to the stages of parenthood where involvement changes over time.

The Sequoia Scouts program was conceived in 2010 to provide capital for contemporary founders who didn't yet have the money to invest in companies. It led to investments in Uber and Stripe, with the fund now at 26X.

Richie emphasizes the value of learning from older generations who have lived through significant historical events.

Daniel Ek's leadership style is collaborative, valuing input from others and adapting based on feedback, unlike more autocratic leaders like Steve Jobs.

Every single person at Sequoia feels this enormous burden and responsibility to try to match the performance that we've been known for.