The Official SaaStr Podcast: SaaS | Founders | Investors cover image

SaaStr 661: VC AMA with SaaStr CEO Jason Lemkin and Black Mangroves MD Arnaud Bonzom at SaaStr APAC 2023

The Official SaaStr Podcast: SaaS | Founders | Investors

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The Future of Venture and Fundraising

"I don't think renaming your company to dot AI is going to change the world. I'm a pretty boring guy," he says. "You really can't make money in venture other than fees unless you have companies that in seven to 10 years get to at least 100 million in revenue, okay? Now it doesn't have to be 100 million from the day you start your company." He adds: "If you've already hit one or two million, folks are ... looking for you to at least double and ideally triple".

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