Silicon Valley VC legend Don Valentine purchased a 33% stake in Cisco decades ago for $2.5 million. Cisco is one of the many great investments made by the VCs at Sequoia Capital, and it’s worth thinking about with Cisco’s $271 billion market cap top of mind.
How did Valentine and Sequoia get so much for so little? Readers know why, or they should: before Cisco became Cisco, it wasn’t expected to survive.
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