The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC Exclusive: Why Mega Platforms Will Win in VC | Why You Cannot Do VC If You Do Not Do Pre-Seed | Why Market Sizing is BS | Where Will Foundation Models Build/Buy Apps vs Where Will They Not with Bucky Moore
769 snips
May 5, 2025 
Bucky Moore, a Partner at Lightspeed Venture Partners and former executive at Kleiner Perkins, dives into the future of venture capital. He argues that mega platforms will dominate investments over the next decade and critiques traditional market sizing methods as ineffective. Moore discusses the importance of pre-seed investments, the complexities of pricing in an AI-driven world, and how to discern winning companies in highly competitive markets. His insights on AI's transformative potential and the need for genuine relationships in investment provide a fascinating perspective.
AI Snips
Chapters
Transcript
Episode notes
Mega Platforms' Dominance
- Mega platforms wield unparalleled capital and market influence in the next decade of venture capital.
- They can make outsized bets on trillion-dollar outcomes that smaller firms simply cannot.
Foundation Models' Financial Dynamics
- Foundation model companies currently face margin compression and high burn due to capital-intensive scale.
- Their rapid revenue growth and potential app ecosystems promise much improved economics ahead.
Where Model Providers Will Compete
- Model providers will build or buy apps where deep customer insights matter but will not dominate all markets.
- The long tail of application niches invites focused startups to thrive alongside the providers.