The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: How I Lost Airbnb at Seed Because of an Exploding Term Sheet | Investing Lessons from Roelof Botha & Peter Thiel | Why VC is Less Collaborative Than Ever and Great Companies Are Being Destroyed by Too Much Cash with Kevin Hartz @ A*
Jul 22, 2024
Kevin Hartz, co-founder of Eventbrite and early-stage investor at A*, shares his experiences in venture capital. He discusses pivotal moments, like losing a $10BN opportunity with Airbnb due to an exploding term sheet. Hartz emphasizes the importance of assessing founders and reveals why he believes a barbell strategy of seed and Series C investing is optimal today. He also reflects on the challenges in navigating the VC landscape, touching on how dynamics have shifted and the pressing need to tackle mental health issues in the startup community.
01:02:54
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Analyzing founder fit crucial for investment success.
- Losses due to exploding term sheet underscore investment risks.
Deep dives
The Growing Bubble in the Market
Nvidia's rise hints at the market's early bubble stage, with substantial future growth potential. Despite the norm, Kevin Hartz focuses on building and holding companies instead of quick sales.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
