OpenNashPodcasts

Topic

Doug Leone

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.

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.”

Acquired · Sequoia Capital Part II (with Doug Leone), 0:11:24

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.”

Acquired · Sequoia Capital Part II (with Doug Leone), 0:29:37

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.”

Acquired · 10 Years of Acquired (with Michael Lewis), 0:45:51

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.”

Acquired · Sequoia Capital Part II (with Doug Leone), 0:13:53

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.”

Acquired · Sequoia Capital Part II (with Doug Leone), 0:15:15

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.”

Acquired · Sequoia Capital Part II (with Doug Leone), 0:19:26

Episodes