3min chapter

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

20VC: In AI Who Wins? Startups or Incumbents? What Happens to Wealth Inequality? Why Will $10BN+ Companies Only Have 10 People | Why Defensibility in Startups is BS & Speed is Everything? Why Large Groups Worsen Decision-Making with Sarah Guo

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

CHAPTER

The Cost of Raising a Large Fund for AI

I've met quite a few founders who say we need to raise much larger sums than traditionally were raised at pre-seed or seed rounds. And so we're raising 50 or 75 or even 100. My personal point of view is there's less than 10 instances I can think of where that is going to make sense for companies. We are not going to do things that structurally don't make sense for the fund.

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