Sunday, May 27, 2007

VC Ratings: Couldn't Sequoia find a better real estate startup than Trulia?


"Sequoia Capital's $10 million Series C investment into online real estate information site Trulia is a smart move for the firm. Growing company. Rich market in flux. Very high CPMs. I get all that. Even if the deal was done at $50 million pre-money, in the post-Geni world, that's not a bad valuation. Sequoia Capital's $10 million Series C investment into online real estate information site Trulia is a smart move for the firm. Growing company. Rich market in flux. Very high CPMs. I get all that. Even if the deal was done at $50 million pre-money, in the post-Geni world, that's not a bad valuation. "

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