Jai Das

Jai Das, President and Partner at Sapphire Ventures, shares his insights on Figma's remarkable IPO journey. With a rich history of backing tech giants, he delves into Figma's impressive market debut, which was 40x oversubscribed. Das discusses what this signals about startup exits and the current market climate. He also explores why AI is prioritizing talent over technology and highlights promising sectors like defense tech and SpaceTech, offering a glimpse into the future of investment opportunities.

Jai Das, President and Partner at Sapphire Ventures, is a veteran in enterprise investing with a portfolio that includes Box and Square. Mike Maples Jr., co-founder of Floodgate, is a pioneer of seed investing with successes like Twitter and Lyft. They discuss their contrasting focuses in venture capital and the challenges of identifying future winners. The conversation dives into how AI reshapes investment opportunities, the importance of adaptable management teams, and navigating exit strategies in a shifting market.

Jai Das, President and co-founder of Sapphire Ventures, shares insights on the evolving IPO landscape, particularly the Gemini crypto platform's surge. The discussion highlights how AI is shaping corporate decision-making, enhancing productivity in M&A and investments. Das also delves into the declining interest in social media acquisitions, as companies prioritize profitability over growth amidst shifting market dynamics. The implications of Paramount's bold bid for Warner Bros. Discovery are explored, signaling a merger's potential impact on the media landscape.