Almost every tech blog worth it’s salt has been talking about Sequoia’s presentation (titled R.I.P. Good Times) to its portfolio companies and how every startup should look at it and take home the message. And so I had a look at it too. Frankly, I just don’t get the logic that runs through the presentation. I wouldn’t even want to link to something as illogical as that presentation. So while the tech blogs may have taken a fancy to it, am happy that I am not the only one who disagrees with what Sequoia had to say. Check out this presentation by ALTOS Ventures which takes a dig at Sequoia and puts a different (but rational) perspective to the downturn.