Gurley cites Sequoia's investments in Elon's companies at $50-100B range as departure from historic venture model.
“I look at someone posted the just the investments Sequoia has made in Elon's companies, and they were rounds that were in the, you know, $506,100,000,000 dollar range, and there were three or four of them. And once again, just not not the historic venture capital model.”