[argonaut]

What does "preferential portfolio access" even mean? I don't think that's the reason they invested, or a benefit of having invested. Sequoia is one of the top VC firms (that and a16z and Benchmark). They have preferential access to everyone already.

[2pasc]

Sure. But YC was started in 2005 or something. this was a very different market. Sequoia benefitted from he YC deal flow early on from founders who might have not even considered them at that time. Sequoia missed FB and twitter and the social media thing.

Of course, now everybody has the same access, so there is no advantage whatsoever.

[argonaut]

If anything, the reverse is true. In 2005, Sequoia was considered the preeminent VC firm. Nowadays they probably share that mantle with a16z and Benchmark