Todays show: David Weisburd hosts David Clark, Tomasz Tunguz, and Jason Calacanis to discuss the new YC class (1:59), startup valuations (16:44), the future of AI startups (27:02), and more! * (0:00) David Weisburd intros David Clark, Tomasz Tunguz, and Jason Calacanis (1:59) The latest YC class and rise of AI startups (12:48 Analogy of LPs, GPs, and startups and key characteristics of a promising startup (16:44) Impact of rising startup valuations and regulatory issues (27:02) Tomasz Tunguz's journey to raising his fund and the challenges of the VC industry (35:18) Personality types in venture capital and handling company wind downs (43:06) VC’s moving out and the challenge of picking the right company to invest in (53:53) Active reserves management (1:03:34) Lightning round: Top 3 investments Mentioned on show: https://motherduck.com https://arbitrum.io https://www.omni.co https://www.podengine.ai https://www.getrecall.ai https://newcomergames.com * Follow David Clark: X: https://twitter.com/daveclark85 LinkedIn: https://www.linkedin.com/in/david-clark-6678b6b/ Check out VenCap: https://www.vencap.com/ * Follow Tomasz Tunguz: X: https://twitter.com/ttunguz LinkedIn: https://www.linkedin.com/in/tomasztunguz Check out Theory Ventures: https://theory.ventures * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis

David Weisburd hosts Apurva Mehta, Jack Altman, and Jason Calacanis to discuss Sam Altman’s huge investment wins (00:32), the role of SPVs (12:10), CalPERS increasing their exposure to venture (21:25), and liquidation preferences (39:47). Timestamps: (0:00) David Weisburd intros Apurva Mehta, Jack Altman, and Jason Calacanis (0:32) Reddit's IPO and Sam Altman's investment success (5:52) Apurva's investment strategy and thoughts on fund size and portfolio strategy (12:10) The role of SPVs and the importance of trust in the investment ecosystem (21:25) CalPERS and pension funds increasing their exposure to venture capital and private equity (23:17) Is it a good time to invest in venture? (36:53) Fundraising and decision-making processes (39:47) Higher liquidation preferences at the later stage (49:32) Rapid fire segment on recent investments * Mentioned on the show: https://www.retellai.com https://www.heygen.com https://www.owner.com https://www.foundationhealth.com https://peregrine.io https://www.marvl.io https://getprops.ai https://www.arkitask.ai * Follow Apurva: X: https://twitter.com/mehtaaapurva LinkedIn: https://www.linkedin.com/in/apurvaamehta/ * Follow Jack: X: https://twitter.com/jaltma LinkedIn: https://www.linkedin.com/in/jackealtman/ * Follow David: X: ⁠https://twitter.com/DWeisburd⁠ LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠ Check out: ⁠https://10xcapital.com * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis

Dave McClure and Jordan Stein discuss YC investing, the role of secondary funds, and betting on outliers in the venture capital industry. They explore entry point evaluation, the rise of capital call requests, and the decision-making process for doubling down on successful startups.

Topics include India's startup ecosystem, Carta's 2018 startup class data, IPOs in tech industry, M&A, rise of secondaries, investments in AI-focused companies, and disruptions in the healthcare industry.

Todays show: David Weisburd hosts Erik, Guy, and Jason Calacanis to discuss Sequoia & Union Square Ventures' returns (1:15), AI's impact on startups and labor (15:05), US startups' risk tolerance (33:21), and much more! * Timestamps: (0:00) David Weisburd intros Erik Torenberg, Guy Perelmuter, and Jason Calacanis (1:15) VC returns have been leaked, including returns from Sequoia Capital and Union Square Ventures (15:05) Bearish signs for the startup employment market (22:43) The emergence of the first one-person unicorn (33:21) Founders & investors are now returning to San Francisco (42:48) Rapid-fire segment on recent investments * Mentioned on the show: https://www.wsj.com/tech/san-francisco-ai-boom-silicon-valley-307816b2 https://jam.dev https://www.perplexity.ai https://www.antaresindustries.com https://mesodyne.com https://limacharlie.io https://www.cloudnc.com https://codemate.ai https://www.golfgolf.tech https://www.terrakaffe.com * Follow Erik: X: https://twitter.com/eriktorenberg LinkedIn: https://www.linkedin.com/in/eriktorenberg/ Check out: https://www.turpentine.co/ * Follow Guy: X: https://twitter.com/guyperelmuter LinkedIn: https://www.linkedin.com/in/guyperelmuter Check out: https://www.gridscapital.com/ * Follow David: X: ⁠https://twitter.com/DWeisburd⁠ LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠ Check out: ⁠https://10xcapital.com * Follow Jason: X: ⁠https://twitter.com/jason⁠ Instagram: ⁠https://www.instagram.com/jason⁠ LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis

Todays show: David Weisburd hosts Bryan Rosenblatt, Michael Downing and Jason Calacanis to discuss Reddit’s IPO (00:49), Consumer vs. Enterprise AI (14:30), and Sam Altman’s New Fund (33:49), and much more! * Timestamps: (0:00) David Weisburd hosts Bryan Rosenblatt, Michael Downing and Jason Calacanis (00:49) Discussion on Reddit’s IPO and potential as an advertising business (14:30) Consumer vs. enterprise AI (33:49) Sam Altman’s venture capital fund and the future of the AI ecosystem (1:00:40) Rapid fire segment on recent investments * Mentioned on the show: https://www.wsj.com/tech/ai/generative-ai-business-implementation-ac995975?mod=tech_lead_pos4 https://www.axios.com/2024/02/15/sam-altman-openai-startup-fund https://www.solace.health/ https://www.agentio.com/ https://www.recursiveventures.com https://originalcapital.com https://silentvc.com https://www.getrecall.ai https://www.micro1.ai https://www.melengo.com * Follow Bryan X: https://twitter.com/BRosenblatt4 LinkedIn: https://www.linkedin.com/in/bryanrosenblatt Check out: https://www.craftventures.com * Follow Michael X: https://twitter.com/michaeldowning LinkedIn: https://www.linkedin.com/in/michaeldowning Check out: https://www.mdsv.vc * Follow David: X: ⁠https://twitter.com/DWeisburd⁠ LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠ Check out: ⁠https://10xcapital.com * Follow Jason: X: ⁠https://twitter.com/jason⁠ Instagram: ⁠https://www.instagram.com/jason⁠ LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Discussions on the 2024 venture market, secondary sales by VCs, IPOS, strip sales, continuation funds, and early stage fintech. Insights on firms like IVP and Kleiner Perkins, mistakes GPs make with LPs, and top recent investments in AI, healthcare, and defense technology.

Todays show: David Weisburd hosts Grady Buchanan, Victor Gutwein, and Jason Calacanis to discuss dry powder in VC, VCs rating VCs, a study on whether returns persist in venture capital, and much more! * Timestamps: (0:00) David Weisburd hosts Grady Buchanan, Victor Gutwein, and Jason Calacanis (1:10) VC dry powder levels, cash management by GPs, and investment pace adjustments. (14:22) The importance of GP selection for LPs, VC firm ratings, and the impact of relationships in the VC ecosystem (29:33) Performing due diligence on funds and the persistence of VC Returns (51:41) Rapid-fire segment on top recent investments * Mentioned on the show: ⁠https://www.corraltech.com⁠ ⁠https://www.hydeparkvp.com⁠ ⁠https://deciens.com⁠ ⁠https://www.rallyventures.com⁠ ⁠https://pavewisepro.com⁠ ⁠https://selffundhealth.com⁠ https://www.deeptrustai.com * Follow Grady: LinkedIn: https://www.linkedin.com/in/gradyb Check out: https://nvngia.com/ * Follow Victor: X: https://twitter.com/lalayak LinkedIn: https://www.linkedin.com/in/victor-gutwein Check out: https://m25vc.com * Follow David: X: https://twitter.com/DWeisburd LinkedIn: https://www.linkedin.com/in/dweisburd Check out: https://10xcapital.com * Follow Jason: X: ⁠https://twitter.com/jason⁠ Instagram: ⁠https://www.instagram.com/jason⁠ LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Today’s show: David Weisburd hosts Elizabeth Yin, Zach Coelius, and Jason Calacanis to discuss trends in venture capital, including the growth of fund sizes, the resurgence of the Bay Area, the decrease in capital efficiency, the rise in unicorn companies but lack of liquidity, and top recent investments! * Timestamps: (0:00) David Weisburd hosts Elizabeth Yin, Zach Coelius, and Jason Calacanis to dive into the state of venture funds (2:32) Venture funds are growing in size despite the slow market (9:11) Exploring the performance: smaller funds vs. larger funds (25:44) Hustle Fund’s quantitative approach to evaluating startups (30:18) Is the Bay Area officially back? (40:24) Number of unicorns has increased but liquidity has decreased (46:25) The decline in capital efficiency over the past decade (52:40) Rapid-fire segment on top recent investments * LINKS: ⁠https://www.wsj.com/articles/pro-take-why-venture-fund-sizes-rose-despite-the-slow-market-fd4c4677⁠ ⁠https://www.cowboy.vc/news/welcome-back-to-the-unicorn-club-10-years-later⁠ * Follow Elizabeth X: ⁠https://twitter.com/dunkhippo33⁠ LinkedIn: ⁠https://www.linkedin.com/in/elizabethyin/⁠ Check out: ⁠https://hustlefund.vc⁠ Check out: ⁠https://letsgo.hustlefund.vc/raise-millions⁠ Check out: ⁠Bruinhealth.com⁠ Check out: ⁠Goafterwork.com⁠ * Follow Zach X:  ⁠https://twitter.com/zachcoelius⁠ LinkedIn: ⁠https://www.linkedin.com/in/zachcoelius/⁠ Check out: ⁠https://coelius.vc/⁠ Check out: ⁠Echomark.com⁠ Check out: ⁠Findbugzero.com⁠ * Follow David X:  ⁠https://twitter.com/DWeisburd⁠ LinkedIn: ⁠https://www.linkedin.com/in/dweisburd/⁠ Check out: ⁠https://10xcapital.com/⁠ * Follow Jason: X: ⁠⁠https://twitter.com/jason⁠⁠ Instagram: ⁠⁠https://www.instagram.com/jason⁠⁠ LinkedIn: ⁠⁠https://www.linkedin.com/in/jasoncalacanis⁠ Check out: ⁠Podcast.ai⁠ Check out: ⁠Zestapp.co⁠ Check out: ⁠getriver.io⁠ * Great 2023 interviews: ⁠Steve Huffman⁠, ⁠Brian Chesky⁠, ⁠Aaron Levie⁠, ⁠Sophia Amoruso⁠, ⁠Reid Hoffman⁠, ⁠Frank Slootman⁠, ⁠Billy McFarland⁠ * Check out Jason’s suite of newsletters: ⁠https://substack.com/@calacanis⁠ * Follow TWiST: Substack: ⁠https://twistartups.substack.com⁠ Twitter: ⁠https://twitter.com/TWiStartups⁠ YouTube: ⁠https://www.youtube.com/thisweekin⁠ Instagram: ⁠https://www.instagram.com/thisweekinstartups⁠ * Subscribe to the Founder University Podcast: ⁠https://www.founder.university/podcast⁠ * Subscribe to This Week in Startups on Apple: ⁠⁠https://rb.gy/v19fcp⁠

Today’s show: David Weisburd hosts Jason Shuman, Raja Doddala, and Jason Calacanis to dive into 2024 startup valuation trends, insights on how VCs can secure great deals in a competitive market, a detailed look at secondary deals, and more! * Timestamps: (0:00) David Weisburd hosts Jason Shuman, Raja Doddala Jason Calacanis to dive into the world of VCs, LPs and GPs (00:45) A look at the encouraging trends in startup valuations as we head into 2024 (4:13) Delving into the intricacies of current valuation methods and key aspects investors should be cautious about (8:00) Examining the balance of demand and supply in the seed funding stage of new startups (12:39) Insights on how venture capitalists can secure the most sought-after deals in today's competitive market (19:12) Discussion about M.A.N.G., a rising player in the venture capital scene (25:39) Exploring the unique and often controversial practice of round-tripping in the venture capital industry (31:40) A detailed look at Lexington's successful raising of $22.7 million in secondary investments (37:38) Benchmark for when to consider selling out of positions (43:34) Approaches to portfolio construction and follow-on investments (52:40) Observing the recent increase in mergers and acquisitions activity within the industry * Subscribe to This Week in Startups on Apple: ⁠https://rb.gy/v19fcp⁠ * Check out Churchill Asset Management here: ⁠https://www.churchillam.com/⁠ Check out Primary Ventures here: ⁠https://www.primary.vc/⁠ Check out David’s other podcast here: ⁠https://www.youtube.com/channel/UCncFI0XEvTu7k4er6BgVN9g⁠ * Follow at: X: ⁠https://twitter.com/JasonrShuman⁠ ⁠https://twitter.com/rdoddala⁠ ⁠https://twitter.com/DWeisburd⁠ ⁠https://twitter.com/Jason⁠ * LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠ ⁠https://www.linkedin.com/in/jasoncalacanis⁠ ⁠https://www.linkedin.com/in/rajadoddala⁠ ⁠https://www.linkedin.com/in/jasonshuman/⁠ * Great 2023 interviews: ⁠Steve Huffman⁠, ⁠Brian Chesky⁠, ⁠Aaron Levie⁠, ⁠Sophia Amoruso⁠, ⁠Reid Hoffman⁠, ⁠Frank Slootman⁠, ⁠Billy McFarland⁠ * Check out Jason’s suite of newsletters: ⁠https://substack.com/@calacanis⁠ * Follow TWiST: Substack: ⁠https://twistartups.substack.com⁠ Twitter: ⁠https://twitter.com/TWiStartups⁠ YouTube: ⁠https://www.youtube.com/thisweekin⁠ * Subscribe to the Founder University Podcast: ⁠https://www.founder.university/podcast