1968
Doug Leone's family arrived in New York from Italy on August 1, 1968.
“And then we finally came here in August 1st, 1968.”
Topic
13 facts from 3 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
1968
Doug Leone's family arrived in New York from Italy on August 1, 1968.
“And then we finally came here in August 1st, 1968.”
1968
Doug Leone's father worked in New York as a service engineer for a marine equipment company.
“In New York, he was a service engineer for a marine equipment company.”
1979
Doug Leone's first job was selling computers for Hewlett Packard.
“The first job was selling computers for Hewlett Packard.”
1979
Leone recalls that in 1979 his Manhattan sales territory included areas north of 79th Street that were unsafe to walk.
“this is 1979, where it wasn't safe to walk north of 79th Street.”
2000
Leone says most of the venture industry treated its dot-com era funds as 'Mulligan' funds, or do-overs.
“Most of the venture industry considers the funds in that period called the Mulligan funds.”
2000
Doug Leone told Acquired that after the dot-com crash other venture firms took 'mulligan funds', while Sequoia refused to accept losses on its bubble-era fund.
“every other venture firm out there after the bubble popped were taking mulligan funds. They went to their LPs and they said, you know, there's nothing we can do on this one.”
2012
Leone says he and Michael Moritz ran Sequoia as equals, with Moritz as the lead, until 2012.
“We're a partnership. And that's how we ran Sequoia until 2012.”
2020
Botha leads Sequoia's US business as one of three stewards, alongside Doug Leone and Neil Shen.
“He currently leads the firm's U.S. business as one of Sequoia's three stewards, along with Doug Leoni and Neil Shen.”
Undated
Doug Leone says he was thrown out of Cornell after his first year, then later returned and graduated.
“I went to Cornell. I got thrown out of Cornell after my first year.”
Undated
At Sun Microsystems, Leone gave Bear Stearns a budgetary quote of $2.8 million for Convex machines, and a purchase order for that amount arrived while he was on vacation.
“I gave someone a budgetary quota I hadn't met for $2.8 million.”
Undated
Leone used Pratt's Guide to Venture Capital Sources to find venture firms to write to when seeking a job.
“there was a big green book called Pratt's Guide to Venture Capital Sources.”
Undated
Arbor Software, one of Leone's early investments at Sequoia, went public and then merged with Hyperion.
“There was Arbor Software, which is a darling software company that went public and then merged with Hyperion.”
Undated
Leone says that when asked on a panel how entrepreneurs could reach Sequoia, he answered with the firm's phone number, 854-3927.
“I said 854-3927, which was our phone number.”
Episodes