Sequoia’s message to founders: Focus on profitability, growth at all costs no longer rewarded - Moneycontrol

Sequoia Capital said that Morgan Stanley’s unprofitable Tech Index is down 64 percent since the start of 2022, compared to a 28 percent drop in the technology-heavy Nasdaq index, further signalling a strong preference for companies who can generate cash.

The era of being rewarded for hypergrowth at any costs is quickly coming to an end with investors shifting towards companies who can demonstrate current profitability, Sequoia Capital, one of the wor… [+6152 chars]

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