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Pat Grady, Sequoia - Silicon Valley Icons

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Pat Grady joined Sequoia in 2007 when he was 24 years old and became the main generator of Sequoia's growth investing returns. He came from Summit, a Boston PE firm, and brought with him the traditional practices on growth equity. It took him 3 years to unlearn Summit and unlock his potential at Sequoia. Summit invests based on the following weighted factors: 45% deal, 45% on evidence, 10% story Sequoia invests based on the following weighted factors: 90% on the story, 9% evidence,1% on deal Sequoia’s framework for investing at the growth stage is two folds: Story (Qualitative) Evidence (Quantitative) Plenty of evidence at the growth stage. Investments that don’t work out are because of (1) inadequate evidence, (2) the story is biased, or (3) evidence is there, but the story doesn’t match. Key questions he asks the most during investments: Who is this founder? Interview a founder the way you would interview an employee (worst moment in 5 years, how you grew up, and what values you had)

Pat Grady joined Sequoia in 2007 when he was 24 years old and became the main generator of Sequoia's growth investing returns. He came from Summit, a Boston PE firm, and brought with him the traditional practices on growth equity. It took him 3 years to unlearn Summit and unlock his potential at Sequoia. Summit invests based on the following weighted factors: 45% deal, 45% on evidence, 10% story Sequoia invests based on the following weighted factors: 90% on the story, 9% evidence,1% on deal Sequoia’s framework for investing at the growth stage is two folds: Story (Qualitative)…

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