Sequoia's Investment Memo on YouTube

milesgrimshaw.com

Really neat to see the investor "pitch" for YouTube. While founders have their passions about ideas, the VC goes straight to the business fundamentals.

Also interesting how many features YouTube's infrastructure had already implemented at that scale.

Are there legal reasons more of these investment memos are not made public? Would it open the investors up to any liabilities?

There is a potential liability in there, Reid Hoffman an investor in Flickr which is noted as a competitor, discloses internal flickr strategy.

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