3min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: WTF Is Going On In Venture Capital; Seed Round Pricing Will Remain High, Series B & C Has Gone Completely, Downrounds Are Coming | Why Defensibility is BS on Day 1, Why Market is More Important Than Founder & Why Being First To Market Doesn't Matter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

Angelist's Thoughts on Scaling Back

In hindsight, I think we would have approached it by asking the question, is this something unique that Angelist can bring to the world? And if not, it doesn't make sense for us to be doing it. Europe seems to be a shadow region for Angelist and there's so much demand for it in Europe. We just started last year with our Captible product and it's growing quite fast. On the fun side, anytime we enter a particular fund size, we'll typically get north of 50% market share pretty quickly.

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