Sequoia: the most valuable startups of the past 20 years rarely matched the hype

FinanceYF5 · x · 2026-09-03

The Sequoia team compared the hottest narratives of each year over the past two decades with the most valuable companies founded the same year — and found they rarely match. Companies that created massive value often emerged outside the spotlight, a useful lens for judging today's AI narratives.

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