This Week in Startups

Mark Suster and Samir Kaji on the 2024 Venture Market, IPOS, and Secondaries | E1899

5 snips
Feb 17, 2024
Mark Suster, a managing partner at Upfront Ventures, shares his insights on the current state of the venture capital market alongside Samir Kaji, CEO of Allocate. They dive into the challenges facing Series B and C fundraising amidst a cooler market. Both discuss the strategic importance of secondaries for liquidity and the evolving landscape of IPOs. Suster and Kaji also highlight crucial metrics and the need for adapting investment strategies as they navigate a transforming industry landscape.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Series B and C Market Outlook

  • IVP raising a smaller fund signals renewed confidence in the Series B and C markets.
  • Reduced valuations and better company discipline create tailwinds for growth-stage investors.
ADVICE

Right-Sizing Fund Targets

  • Venture funds should right-size their fund targets based on LP supply and market conditions.
  • Raising too much capital can lead to irresponsible deployments and inflated valuations.
INSIGHT

Venture Market Right-Sizing

  • The venture market is right-sizing with contributions from LPs down 60%.
  • Tourist capital has left, impacting companies reliant on such funding.
Get the Snipd Podcast app to discover more snips from this episode
Get the app