6min chapter

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Why This $1B VC Fund Doesn’t Have Investment Analysts - Avichal Garg, Electric Capital, Ep. 214

The Blockcrunch Podcast

CHAPTER

Is Software Eating Capital Markets?

I really like that you guys came into this as kind of builders and tinkerers as well because something that's really unique about electric is I think 70% of the team are engineers. What it really gets at is kind of our fundamental investment thesis and then that spills over into how we choose to invest. And if software eats money, then you can sort of very quickly play that forward and say, oh, that means software is going to eat all the capital markets. Our belief was that next generation of VC firms have to be run by engineers.

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