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What Sequoia Capital got right in its "Black Swan" COVID prophecy

On March 5, Sequoia Capital issued a dire warning to its portfolio company CEOs, telling them to "question every assumption" about their businesses.

Flashback: At the time, the WHO wouldn't categorize COVID-19 as a pandemic for another two weeks. The NBA was still playing games in front of fans. Congress had just committed $8 billion to fight the virus, believing it to be a sufficient amount, and non-citizen travel from Europe into the U.S. was still allowed. Kids were still in school.

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