

M.G. Siegler: VC’s Crisis, Defensible Startups, and Hack-quisitions
16 snips Nov 27, 2024
M.G. Siegler, a tech writer, investor, and former VC at GV, shares his insights on the evolving European tech scene. He delves into the current venture capital crisis, highlighting CRV Ventures' return of funds. Topics include the critical balance of investing in people versus ideas, the defensibility of startups, and the complex landscape of M&A and IPOs. Siegler also discusses the rise of AI and its implications for future startups, as well as the competitive positions of tech giants like Apple in the race towards artificial general intelligence.
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Relocation to London
- M.G. Siegler and his family relocated to London after 15 years in San Francisco.
- The move was prompted by the pandemic and the desire for a change of pace.
London's Tech Scene
- London's tech scene is diverse, with strengths in AI, fintech, and a large pool of talent from universities.
- The city benefits from being outside the "proverbial bubble" of Silicon Valley, offering a different energy.
DeepMind's Impact
- DeepMind's acquisition by Google significantly impacted London's tech landscape.
- Large tech companies are establishing major presences in London, drawing startups.