The thing is, if you are Sequoia — you don’t have to sweat it.
Yes, maybe they put $50m in (I’m not sure the exact amount, but a guess:)
Yes, that’s a lot for a mere mortal VC fund.
Sequoia made $4,000,000,000 on WhatsApp alone. $4 Billion.
So. You gotta take some risks. Yik Yak is another break-out mobile social network. Should it fail, and they lose all of it, that would be rough.
But they probably won’t.
And it’s still a drop in the bucket for them.