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Shawn King's post | Latest updates on Sulia

"Perspective on Apple amid the clamour" from Michael Moritz.

Moritz says, "Lost amid the mewling and mindless pandemonium was any sense of perspective." He points out that Apple's quarterly sales of $8.2 billion was "more than one-and-a-half times the revenue Facebook is expected to record for 2012". The most salient point is "Everyone seems to have forgotten that it is hard for any company to grow quickly – and even harder when it is already massive." Good read. http://sequoiacapital.tumblr.com/post/41794001551/perspective-on-apple-amid-the-clamour