Chapter
Investing in Sub $15 Million Companies in the Seed Round
1:17:38 - 1:23:43 (06:05)
Jason shares his thoughts on the current climate of startup funding and urges founders to accept reality and understand the importance of being focused on customers and product. He also advises VCs to focus on backing better founders and better products to increase their chances of success.
Clips
The speaker highlights the importance of backing better founders and products to increase a company's value, using the analogy of playing better cards and positioning oneself for success.
1:17:38 - 1:20:12 (02:33)
Summary
The speaker highlights the importance of backing better founders and products to increase a company's value, using the analogy of playing better cards and positioning oneself for success. They also discuss the impact of the trillions of dollars available for funding new companies and its potential for stimulating the economy.
ChapterInvesting in Sub $15 Million Companies in the Seed Round
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The speaker suggests that VCs should focus on sub-$15 million companies in the seed round if they have a good product and customer base.
1:20:12 - 1:23:43 (03:31)
Summary
The speaker suggests that VCs should focus on sub-$15 million companies in the seed round if they have a good product and customer base. It is vital to accept the reality of VC cycles, or else you will struggle to obtain funding.