The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: David Tisch on Why High Ownership and Concentration is BS | Why No Manager Actually Wants to Stay Small | Why Competing with the Mega Platforms is a Losing Game | Why the Lean Startup is a Fake?
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman.
If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.
Show Notes
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David Tisch is the Founder of Box Group, one of the best seed funds of the last decade with early investments in Cursor, Baseten and Clay to name a few. Today the fund invests from two funds, a $275M seed fund and a $275M opportunity fund.
AGENDA:
Why we have less dilution now than ever before
Why I don't want to compete with the best VCs, and why it's a trap
What concentrated funds know but do not admit to
Why multiple tranched rounds can be good for founders
Why the Lean Startup was a total fake
Why LPs are frustrated by a market that we can't change
What is the single best-returning investment in the history of BoxGroup?
Why fund returners are not always obvious in the early years
Why funding consumer brands at seed no longer makes sense for venture
Rogo, the now $2B company, got passed on by 39 out of 40 investors
Why the marketing message that pro rata is not a right is BS
Why we do not allow negativity in the investment decision-making process
The true magic of early-stage venture capital
Why YC has the best business model in all of venture
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