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October 18, 2008


All these VC warnings are BS. Companies should run frugal and smart no matter what the economy.
In fact, Sequoia boasts that it does run lean and mean. If so, why did Moritz need to send an email warning at all?
As for Gurley, he hasn't invested in any winners ever (check his record for past 13 years), so who cares about his warning.

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