Peter Kafka

Recent Posts by Peter Kafka

Here’s Why Sequoia Thinks Melt Is Worth Millions: The D9 Demo (Video)

In the fall of 2008, Sequoia Capital declared “RIP: Good Times” and told entrepreneurs to batten down the hatches because it was now going to be next to impossible to get venture money.

Flash forward to present tense: Sequoia is now putting millions into¬†The Melt, a new grilled cheese shop chain from former Flip CEO Jonathan Kaplan. Kaplan demoed the concept — and talked a bit about the demise of his last company after it was acquired by Cisco — earlier this month at the D9 conference.


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The customer is number one, the employee is number two and the shareholder is number three. If the customer is happy, the business is happy, and the shareholders are happy.

— Alibaba Group CEO Jack Ma’s three rules of business