Venture capital is not an asset class, says Sequoia's Roelof Botha
Update: 2025-10-28
Description
Sequoia Partner Drops Truth Bomb: Is Venture Capital Return-Free Risk? At TechCrunch Disrupt, Roelof Botha argues that simply pouring money into Silicon Valley won't create more winning startups. With VC firms tripling in the last 20 years but billion-dollar company creation remaining relatively flat, is the industry facing a harsh reality? Find out why Botha believes more capital might actually hurt the next generation of game-changing companies.
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