SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : C-Cube
CUBE 36.39-0.2%11:13 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Black-Scholes who wrote (41481)5/24/1999 9:31:00 PM
From: VidiVici   of 50808
 
Sequoia's Biggest Hit!

Yeah yeah, this is real old, but it's entertaining reading nonetheless... Don Valentine's take
on the future of C-Cube, way back in '94. Wonder how he feels about it these days.

"C-Cube could be the Intel of the 1990s," he said with a straight face. Yuk yuk...

And this is just as relevant today (if not more so):
Two things happened. One, we began to believe that there was a market for video compression
and video conferencing. And second, there was a change in management.


CISCO SYSTEMS
Year of Investment: 1987
Total $ Sequoia Invested: $2.5 million
Current $ Value Investment: $2.7 billion
Average Annual Rate of Return: 171%

Sequoia's Next Biggest Hit? (If only...)

C-CUBE MICROSYSTEMS
Year of Investment: 1993
Total $ Sequoia Invested: $4.0 million
Current $ Value of Investment: $24.8 million
Average Annual Rate of Return: 520% (We wish!)

redherring.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext