Jason Lemkin, founder of SaaStr, and Rick Zullo, co-founder of Equal Ventures, discuss the need for change in venture capital, the shift away from unicorn investing, and the importance of growth for founders. They also emphasize the value of a well-structured pitch and share insights on investing mistakes and VC spending in AI.

Rick Zullo, Co-Founder and Managing Partner at Equal Ventures, delves into his journey in venture capital, highlighting key lessons on effective communication and the importance of sharing perspectives. He emphasizes building trust in emerging manager communities and the need for vulnerability and open dialogue. Zullo also discusses his personal challenges and perseverance in the VC landscape, as well as innovative strategies like reverse pitches. Insights on board dynamics and supporting founders round out a captivating discussion on nurturing a collaborative investment ecosystem.