20VC: Is Seed Investing Dead Without a $1BN Fund? | Does Ownership and Price Matter When Companies Can Be $1TRN Exits | Are AI Revenue Numbers Real and What to Watch Out For with Venky Ganesan, Menlo Ventures
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At this point in Menos history, right, we are going broke. We are going for the grand slam home run. We want to see everything. We want to win everything. Pull stop. It is a very disorienting confusing time. Each seed investment There's an option back. You're buying an option to see if it's an outlier.
You never want to let your ego come in the way. My one lead ego is to make money for my investors. If there's an opportunity to make money on investment. We should do it. The rest of this is all noise. the game has changed, you have to focus on IRR. There's no way for venture to be successful in today's era without the Max Seven participating in everything you're doing. There's no limit to what a person can do.
As long as you don't care who gets your credit. This is 20 VC with me, Harry Stemmings. Now, I love shows like this. Firstly, because I actually know what I'm talking about when we re-enter the world of venture and move away from deep tech. But second, because it's a real discussion. You know, quite frankly, do you play the game on the field even when it's crazy? The music is playing louder than ever. Do you grab a chair or do you keep dancing? In this discussion with Vanky, we discuss the craziness that's happening in Venture, pricing, when to pay up, when not to, how to think about market sizing, how to think about when to sell, how to think about being collaborative in rounds, this and so much more in a true nerd venture fest that is this episode. But before we dive into the show today. Blitzy, the autonomous software development platform that's built for Enterprise Scale, is proud to sponsor Stay's show. Enterprise codebases have grown beyond human comprehension. Tens of millions of lines, decades of tac-dat, complexity existing tools cannot fathom.
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