Post by Jon Sakoda on X
Jon Sakoda@jonsakoda
XI was a partner @NEA in the 09 crisis. We had a handshake to invest in @Workday at 20x revs in Jan 09. The market fell ~30% in March - they missed a quarter
We honored the deal - it was a decision worth >10x
Stand by your founders when it’s hard. Those that do will be rewarded
1.2K likes16 repliesPosted Mar 18, 2020