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Venture capital slashed $476 million in quarter

San Fransisco Chronicle (Free subscription) | 10/13/2008

... your last." Another slide - an excerpt from an internal e-mail sent by Sequoia venture capitalist Douglas Leone - recommends having a year's worth of cash in the bank. The presentation includes advice that Leone gave his companies during the dot-com crash in 2000, such as: Aggressively seek mergers and acquisitions. "Get real or go home," the presentation concludes. Sequoia's...