The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

352. The Second Wave of SaaS, Using Software to Scale a Venture Firm, and Predictions for the Future of Venture Capital (Aaron Holiday)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

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Are Multi Stage Funds Going to Compete With Pre Seed and Seed Funds?

I do think there's going to be a shake out. I believe that multi stage firms will remove some of the what looks like high probability companies, like companies that have a high likelihood of becoming successful from the sample set. This has kind of happened across multiple venture capital cycles. There are firms that existed in the early 2000s in the 2010s that just don't exist today.

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