Mark Suster and Samir Kaji on the 2024 Venture Market, IPOS, and Secondaries | E1899
This Week in Startups
Navigating Venture Capital Metrics and Liquidity
This chapter explores the intricacies of venture capital metrics like MOIC, TVPI, and DPI, while reflecting on significant exits and current market valuations. It emphasizes the evolving landscape of secondary liquidity and the strategic approaches needed for successful investments amidst changing conditions.
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Todays show:
David Weisburd hosts Mark Suster, Samir Kaji, and Jason Calacanis to discuss the 2024 venture market (1:24), VCs selling secondaries (23:04), IPOS in 2024 (45:56), and much more!
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Timestamps:
(0:00) David Weisburd hosts Mark Suster, Samir Kaji,, and Jason Calacanis
(1:24) Thoughts on IVP raising $1.3 Billion for their 18th fund and different angles on the current fundraising market
(14:28) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist
(15:53) Mark's strategy today for DPI (Distributed to Paid-In Capital)
(23:04) VCs selling secondaries and best practices when disclosing selling after hitting targets
(28:00) MEV - Get $30,000 off your first three months at http://mev.com/twist
(29:21) Thoughts on strip sales, continuation funds, and exotic secondary vehicles. When should GPs pursue that strategy?
(40:56) Northwest Registered Agent - Get a 60% discount on your next LLC at - https://www.northwestregisteredagent.com/twist
(45:56) F-Prime's 2024 State of Fintech Report, the IPO market in 2024, and early stage fintech
(54:47) Kleiner Perkins and how a firm reboots
(1:03:01) The apprenticeship model in Venture Capital, and mistakes GPs make when interacting with LPs
(1:17:44) Rapid-fire segment on top recent investments
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Mentioned on the show:
https://www.theinformation.com/articles/ivps-new-fund-shows-growth-investors-are-ready-to-get-off-sidelineshttps://techcrunch.com/2024/02/03/mamoon-hamid-and-ilya-fushman-of-kleiner-perkins-more-than-80-of-pitches-now-involve-ai/
https://fprimecapital.com/blog/the-2024-state-of-fintech-report
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Thank you to our partners:
(14:28) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist
(28:00) MEV - Get $30,000 off your first three months at http://mev.com/twist
(40:56) Northwest Registered Agent - Get a 60% discount on your next LLC at - https://www.northwestregisteredagent.com/twist
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