Large VCs have simplified venture to one question about billion-dollar bets
“in a space where you're competing with not only other seed funds, but now increasingly the bigger funds where consensus founders, consensus sectors may skip seed to go direct to the big firms.”
in a space where you're competing with not only other seed funds, but now increasingly the bigger funds where consensus founders, consensus sectors may skip seed to go direct to the big firms.
Yeah. I guess in terms of how I think about what different games we're playing, I think the largest firms, they have simplified the venture capital asset class question to, what can I put a billion dollars in that will give me 3 or 5,000,000,000 tomorrow? And tomorrow is becoming a in the AI world, a shorter and shorter amount of time. There was a tweet that caused a lot of consternation in all of my VC
About this clip
A discussion of how the venture landscape has changed, with large funds focusing on massive investments that can return billions quickly, while seed funds compete for deal flow as consensus founders increasingly skip seed rounds. The conversation touches on how AI is accelerating investment timelines and changing fund dynamics.
Why this clip
Reveals the stark strategic differences between large funds and seed funds in today's venture ecosystem.
What they said next
Why seed investors are getting lazy about founder evaluation
23:58 - 38s · contrarian take
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