Tuesday, November 14, 2006

VentureWire Pro: More on Sequoia Cisco love affair

"According to VentureOne, Cisco has acquired 62 venture-backed companies, 14 of them backed by Sequoia. Cisco spokesman Piovesan said the company doesn't favor Sequoia-backed startups and doesn't set aside a predetermined amount of money for deals. He said the high percentage of Sequoia-backed acquisitions is 'an interesting coincidence'. "

Notes: Not really an interesting coincidence, as Don Valentine, was one of the original investors in Cisco way back when.

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