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20VC: Predictions for 2024: What Happens to Early Stage VC Funding, Do a Load of Venture Funds Die, What do LPs Do in 2024, Does Figma Kill the M&A Market, Will IPOs Comeback & What Does a Trump Administration do for Startups with Jason Lemkin @ SaaStr
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Honesty of Experienced Founders
- Jason Lemkin prefers interviewing founders with $20-30M+ in revenue.
- He believes founders below this threshold lack the experience and honesty to provide valuable insights, often resorting to self-promotion.
- Lemkin references Todd McKinnon, CEO of Okta, who felt secure from failure only after reaching $30M.
- He emphasizes that founders at this level can openly discuss mistakes, offering more compelling learning experiences.
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