The leading venture capital firm in Silicon Valley, Sequoia Capital, provided residents of Stone & Chalk last week with a rare insight into its thinking when it weighs up turning start-up dreams into thriving digital businesses.
As the federal government considers how to create in Australia a culture of innovation that encourages more risk-taking to spur economic growth, lessons from Sequoia – one of the technology industry's most prolific and successful investors – can help identify the way forward for policy.