Jason: I think COVID reduced friction too much. But that reduction in friction made it too easy to do deals as well, right? And so that actually partially enabled new entrants to come into the market because now with a pretty small team, you can actually talk to lots of companies and significantly reduce cycle time of an investment. Now what it required us to do was significantly increase the size of the firm,. So we tripled during COVID as a firm. We added our operational team now, a nice operational team, that helps to diligence on portfolio, but also kind of works with the portfolio companies post investment.
Deven Parekh of Insight Partners joins Jason to discuss navigating markets during the dot com era and the pandemic. (1:50) Then they discuss "venture tourists" and cleaning up cap tables before wrapping up with a look back at some of Deven's winning investments. (20:04)
(0:00) Jason kicks off the show
(1:50) Experiencing the dot com burst
(10:14) LinkedIn Jobs - Go to https://linkedIn.com/angel and post your first job for free.
(11:36) Comparing Web 3.0 and the dot com era + navigating the markets during the pandemic
(18:40) Cast.ai - Get a free cloud cost audit with a personal consultation at https://cast.ai/twist
(20:04) Venture Tourists
(29:30) Unfavorable preference stacks
(37:07) Acquire.com - Sign up for FREE at https://try.acquire.com/twist
(38:32) Cleaning a cap table
(47:57) Looking back at Deven’s investments
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