A biography for Douglas Leonehasn’t been written yet.
“If I could press a button and have all of Sequoia Capital on the Midas List, I would choose to do that over a honoring a single individual.”
“Guys like me on the investor side are a dime a dozen.”
“Raise as little as you can to get you to something that you can show - plus maybe a quarter or two so you have a little bit of cushion - and then raise some more money. Raise as little - not as much - as you can because that's the most expensive equity you're going to sell.”
“I was working on boats as a teenager, sweating like a pig during a summer job.”
“The trick is, a market has to be nonexistent when you start. If the market is large early on, you will have too many competitors. You have to make it large.”
“Give me an entrepreneur with a lot of courage, gusto and who iterates rapidly, and I will back that person day in and day out.”
“Be incredibly, ruthlessly selfish with your equity.”