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Sequoia's "RIP" Powerpoint

Below, Sequoia Capital's powerpoint on the economic crisis from mid October. Allegedly leaked. The last section is aimed at their startup investment companies ("cash is king", "must have revenue model", "cut costs"). The first sections are more interesting, a general examination of the current financial crisis. "Will take time". "Advertising cracking." "Retail/E-comm deterioration." Very very bleak. I hope they're wrong. I fear they're right.
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