THERE IS A COMPANY CALLED SEQUOIA FRUSTRATED - BASED ENTREPRENEURIAL STORY.doc

此文档收集于网络，如有侵权，请联系网站删除authorthe tiger sniffShen NapengA few days agoanalyzes how Mcglaughlin step by step fall into almost delisting garbage stocks, one of which is the promoter of Sequoia capital. In order to let the price back above $1, the Mcglaughlin board of directors to remaining in the first quarter of 2012 to $52000000 in cash reserves, took $30000000 in equity repurchase. Coincidentally, in May 22nd, Sequoia Capital Investment and another home in the United States listed in almost shares Noah wealth also announced a $10000000 Buyback program, to boost prices.Sequoia Capital as the worlds largest VC, invested in Apple computer, Oracle, Cisco, Yahoo!, Google and Paypal at the time belongs to the pioneer and line IT and Internet Co, but in 2005 the establishment of Sequoia Capital Fund, its investment focus with the United States Department of different. The financial media people Su Xiaohe evaluation of Sequoia is: all the United States has always been of concern about Redwood new technology, new economy, Shen Napeng brought the Sequoia Capital has been in the human resource intensive, low cost and the added value of the industry is relatively insufficient.you can say this is the Sequoia localization success.from Shen Napeng and Zhang Fan founded Sequoia now but 7 years, Shen himself has a total investment of more than 50 projects, 21 projects to successful exit, high success rate, high rate of return.but industry also said that, in fact, in the past ten years the most profitable Internet, games, new energy several dial the IPO project, which is both a Sequoia in figure - how to evaluate a VC success?Sequoia start-up period Stewed Assorted Delicaciesthe fact that, Sequoia Capital Fund can be early found and involvement in the project is the dairy, rural base, Noah wealth relative to traditional, based on the demand of the industry project, and on the Internet, Jingdong Mall, bean and other projects, it is found that the lack of capacity, mostly second round after with the vote (but there is a counterexample is very prominent: 2006 first round investment ). Of course, the last two or three years, Sequoia starts to many Internet project early intervention.An interesting phenomenon ofwe can see, in the Sequoias official website, show has been listed in the project, consumption and modern service industry accounted for the vast majority, while in the start-up project, technology and media projects accounted for the vast majority of. This shows that, the direction of investment in recent years to sequoia.expects the Sequoia investment projects have a good performance in the future.but today we want to say is this: in the Sequoia has been listed in the project, why frequently thrown enterprise persistent problems? Why they happen to coincide in performance, stock or fund chain setback?this is a coincidence, or a particular relationship with Sequoia?from the micro-blog users 1201252003000 5221000VCGooglePaypalIT200575021IPOVC 2006 JasonJJLiVC71VC/PE3-572008232330%672010932-32 2005SMI20073VC201092551.5%CFO20071050021.1%310200816200928201040201226020072011118%20101110336122011812.89%201136016.8%2012270,52.6%2055233000201010B2CDCM2000AA20115DCM50007000DCM19%201232320092011138.07836.581.56IPOIPODCMIPO19.1%25%25%4.7-2009810.5%630040200820096NYSE2