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welcome to money is freedom

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a podcast

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exploring how finance and freedom connect in our lives

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created from thoughtful research

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and narrated by Notebook LM AI

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this series brings you clear

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meaningful insights into finance and beyond

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welcome to episode 10 Today

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we're diving into why

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venture capital returns have hit a ten year low

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in 2024 from economic uncertainty

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to shifting investment dynamics

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and the rise of artificial intelligence

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will break down the trends reshaping the VC landscape

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and explore what the future holds

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for this once high flying industry

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let's get started

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alright so let's jump into it

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today we're going deep on venture capital okay

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specifically um

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YVC returns have basically tanked

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yeah like they hit a ten year low here in 2024

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yeah and we're gonna try to figure this out

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I mean imagine

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you're prepping for this big meeting with investors

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right you gotta be able to talk about this stuff

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you know

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you can't just sit there like a deer in headlights

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absolutely yeah

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you really have to understand

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like all the dynamics at play right

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it's crucial for anyone who wants to

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you know either get funding

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or understand this whole kind of economic picture

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exactly so

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we've got some

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really good material to kind of dig through

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we've got this article on medium by chaos of money

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okay

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and then reports from Pitchbook and iwi and CB Insights

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yeah those are great sources

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and they offer some interesting perspective

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some some conflicting ideas too

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oh really

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but what jumps out at me right away

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is just how much returns have dropped

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like Pitchbook is reporting that Q4 of last year

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2023 saw plunge to negative 20%

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whoa negative 20% yeah

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that's scary

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a huge difference from the boom years that we had

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yeah not that long ago

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yeah so that's gotta hurt

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so what's going on

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is this is this all about like the lack of exits

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yeah you know

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things like ipos and mergers and all that stuff

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that chaos of money talks about

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they talk about this liquidity bottleneck

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it's like companies are just stuck

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yeah no

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that's a big part of it

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when companies can't like go public or get acquired

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it's hard for investors to

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you know turn those assets into cash right

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so it really impacts their returns

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and then their ability to reinvest in new companies

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what does that even mean break that down

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what's a liquidity bottleneck

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basically it's one of Muncha companies

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they're you know

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they're ready to exit like they're mature

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they could go public they could be acquired

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mm hmm

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but the market conditions like they're not great

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so it's it's like

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you know everyone's trying to get through a toll booth

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at the same time yeah

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and the gates are down

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so it puts pressure on like valuations and stuff

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makes it tough to get funding even exactly

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it can really mess with the company's plans to exit

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or grow so

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it's like a domino effect yeah

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one thing leads to another

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but this isn't just like a venture capital problem

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right yeah

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the whole economy is kind of a factor here

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oh absolutely

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I mean inflation

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interest rates are up and you know

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globally things are a bit unstable

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that medium article talks about all that right

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investors are getting a lot more cautious

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they don't wanna just throw money into risky startups

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if maybe safer options are out there

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make sense yeah

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they're like wait a minute

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so is this also a correction do you think

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cause remember a couple years ago

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valuations were insane especially in tech

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for sure yeah

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the market goes through these cycles

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we had that time like especially in tech

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you know saws

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fin tech things were crazy

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valuations were sky high

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even if the fundamentals weren't always there right

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so now like things are getting real

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reality check some companies are facing big markdowns

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yeah double whammy huh

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no exits andd more realistic valuations

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not great okay

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but what about this whole AI craze

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because everybody's pouring money into AI right now

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I mean is that part of the problem

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it's definitely something to watch

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CB Insight says that 37% of all VC activity this year

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2024 went to AI ventures field 7% huge

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it makes you wonder where the markets going

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you know yeah

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seems like everybody start an AI company these days

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right it's like the new the new hot thing

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but is it gonna be a bubble right

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like will it burst and then everybody loses money

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could happen AI has a ton of potential for sure

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but not all these AI companies gonna be winners

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obviously investors

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gotta be smart about where they put their money

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it's like how do you even stand out in that crowd

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you know if you're going into these investor meetings

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what do you even say like hey

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we're not just another AI company

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how do you do that that's the challenge right

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you can't just throw AI

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on your pitch deck and call it a day

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you gotta show them that you actually get it

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you know the market that you have a plan

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that you can solve a real problem

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hmm hmm and make money and yeah

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eventually profitable

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show them you're not just chasing the hype right

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so what about early stage companies

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are they just like out of luck

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yeah because everybody's so risk of ersnail

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yeah it's definitely harder for them

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they're looking at longer timelines to exit

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more competition out there

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oh yeah

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and investors are way more

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cautious about putting money into early stage stuff

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it's tough so they're gonna have to be really scrappy

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they gotta prove they can really execute

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and build a real business hmm

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okay so let's look at this from another angle

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like what about the VC world itself

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what's going on behind the scenes

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that might be contributing to this

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okay so one big thing is just like

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there's a lot of crowding in certain sectors

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especially software too many companies not enough money

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pretty much

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so many companies fighting for the same pot of cash

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it means smaller returns for everybody

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it's like everybody wants a slice of the pie

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but the pie keeps getting smaller

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exactly

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and it's not just software fin tech consumer tech

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it's happening everywhere

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so yeah

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standing out from the crowd is really really key

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big time okay

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what else is going on in the VC world

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well

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there's this big delay in what we call liquidity events

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fewer companies going public

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fewer acquisitions

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so it's harder for these VC funds to you know

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give money back to their investors

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the people who gave them money in the first place

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their LPs right

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the limited partners so it's like if the exits dry up

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everybody gets stuck yeah

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startups the funds

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the Lps exactly

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it just creates this this cycle of caution

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lps are hesitant to commit to new funds

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and then the vcs have less money to invest

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it's all connected right

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makes sense it's this whole like complex web of stuff

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yeah tangled web

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and to add to that

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we're also seeing a shift in like how LPs are feeling

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like their sentiment you mean yeah

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because other types of investments

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are starting to do better than

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venture capital oh

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they're looking for greener pastures

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make sense but hold on a second

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if everybody's pulling back from VC

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where are the returns like

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is there any good news here

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oh there's always opportunity

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you just have to be willing to like

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think outside the box okay

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so what are we talking about here

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well like Eastwind Substack

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they talk about these under explored

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places and industries you know

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instead of everybody piling into Silicon Valley

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and focusing on software right

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investors are starting to look elsewhere

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okay so where are they going

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well

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things like energy tech are getting a lot of attention

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Climate Solutions Agratec

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even space exploration

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there's a ton of potential in those areas

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because there isn't as much VC money there yet

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so it's kind of like the Wild West out there

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you can stake your claim before everybody else shows up

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but it's not just about you know

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chasing the new shiny object right

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it's about being strategic too

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definitely the funds that are doing well

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they're not just following trends

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they're doing their homework

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really digging into these companies

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they're being more careful

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more selective and they're in it for long haul

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so you gotta be like a detective

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not just a you know

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a hype chaser exactly

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okay that makes sense

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and um

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it kind of

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goes back to what we were talking about before

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like how do you convince those investors

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that you're the real deal

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that you get it right

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if you can show them you understand these new markets

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that you've got a unique approach

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you're way more likely to get their attention

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even in a tough market make sense

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okay so what does all this mean for the future of VC

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is it about to like completely change

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I think it's already changing

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that EWI report it talks about how VC has to adapt

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like diversify go beyond the usual suspects

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explore new markets

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new industries to spread the risk basically

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exactly and tap into the next wave of innovation

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but it's not just about spreading the money around

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so what else needs to happen

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valuations they have to be more realistic

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you can't just chase hype and inflate numbers anymore

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investors they gotta be like grounded

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look at the fundamentals

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make sure their investments make sense in the long term

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no more playing fast and loose right

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it's got to be about sustainable growth

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that's what we all want yeah

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sustainable growth so not just about riding the wave

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it's about building companies that can like

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weather the storm exactly

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companies that are resilient

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adaptable and you know

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companies that actually have a positive

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impact on the world so it's not just about making money

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no it's about making a difference

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and that's becoming more important to investors

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you know like

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they wanna

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put their money into things that actually help

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that's gonna have a big impact

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on what kinds of companies get funded in the future

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okay so let's bring it back to our listener

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who's getting ready for that

279
00:09:18,500 --> 00:09:20,333
big meeting with investors yeah

280
00:09:20,333 --> 00:09:22,233
what's your advice like

281
00:09:22,233 --> 00:09:23,800
based on everything we've been talking about

282
00:09:23,800 --> 00:09:24,166
I think

283
00:09:24,166 --> 00:09:26,100
the most important thing is just to show them that

284
00:09:26,100 --> 00:09:28,266
you understand how the market works

285
00:09:28,433 --> 00:09:30,433
be upfront about the challenges

286
00:09:30,933 --> 00:09:32,333
don't sugarcoat it

287
00:09:32,333 --> 00:09:35,233
but also talk about the opportunities

288
00:09:35,233 --> 00:09:37,433
show them that you have a plan

289
00:09:37,600 --> 00:09:39,900
that your business is built to last

290
00:09:40,000 --> 00:09:42,100
so basically be real

291
00:09:42,366 --> 00:09:45,533
be transparent show them that you can adapt exactly

292
00:09:45,533 --> 00:09:47,766
be proactive not reactive right

293
00:09:47,766 --> 00:09:50,033
and focus on the things that you can control

294
00:09:50,033 --> 00:09:51,366
you can't control the economy

295
00:09:51,366 --> 00:09:52,966
but you can control your team

296
00:09:52,966 --> 00:09:54,500
your product your vision

297
00:09:54,500 --> 00:09:57,600
is about building a company that can thrive

298
00:09:57,600 --> 00:09:59,466
no matter what's happening out there

299
00:09:59,566 --> 00:10:01,500
but it's not just about the numbers in the plan right

300
00:10:01,500 --> 00:10:02,700
no definitely not

301
00:10:02,700 --> 00:10:04,133
it's also about storytelling

302
00:10:04,133 --> 00:10:04,833
oh okay

303
00:10:04,833 --> 00:10:07,166
investors they wanna hear a story

304
00:10:07,166 --> 00:10:09,333
something that captures their imagination

305
00:10:09,400 --> 00:10:10,733
something that gives them confidence

306
00:10:10,733 --> 00:10:13,333
you gotta connect with them on an emotional level

307
00:10:13,400 --> 00:10:15,166
make them believe in your vision

308
00:10:15,166 --> 00:10:16,366
so it's like yeah

309
00:10:16,366 --> 00:10:17,300
data is important

310
00:10:17,300 --> 00:10:18,966
but it's the story that really sells it

311
00:10:18,966 --> 00:10:21,000
it's about the passion the purpose

312
00:10:21,000 --> 00:10:23,166
like why are you doing this exactly

313
00:10:23,166 --> 00:10:23,933
and do you believe in it

314
00:10:23,933 --> 00:10:25,433
that's what makes them wanna be a part of it

315
00:10:25,433 --> 00:10:26,700
do you gotta weave it all together

316
00:10:26,700 --> 00:10:27,900
the data the strategy

317
00:10:27,900 --> 00:10:30,533
the heart you gotta paint a picture of the future

318
00:10:30,533 --> 00:10:33,033
that investors wanna be a part of right

319
00:10:33,033 --> 00:10:35,533
if you can do that you'll be in a good place

320
00:10:35,533 --> 00:10:36,800
even in a market like this

321
00:10:36,800 --> 00:10:40,100
you can still get funding if you have a great idea

322
00:10:40,100 --> 00:10:43,600
a strong team and a vision that people believe in

323
00:10:43,700 --> 00:10:46,000
it's all about being prepared

324
00:10:46,000 --> 00:10:49,800
being flexible and believing in what you're building

325
00:10:49,800 --> 00:10:52,233
yeah and don't forget to enjoy the ride right

326
00:10:52,233 --> 00:10:53,800
building a company is tough

327
00:10:53,800 --> 00:10:56,000
but it's also incredibly rewarding

328
00:10:56,366 --> 00:10:57,733
embrace the UPS and downs

329
00:10:57,733 --> 00:11:00,366
learn from the mistakes and keep innovating

330
00:11:00,366 --> 00:11:02,433
couldn't have said it better myself okay

331
00:11:02,433 --> 00:11:04,033
you know for our listeners out there

332
00:11:04,033 --> 00:11:05,500
who wanna dig into those sources

333
00:11:05,500 --> 00:11:07,633
we mentioned we'll have all the links in the show notes

334
00:11:07,633 --> 00:11:09,200
perfect and until next time

335
00:11:09,200 --> 00:11:11,333
keep on diving deep and it's not just

336
00:11:11,333 --> 00:11:12,800
you know about the money

337
00:11:12,800 --> 00:11:16,566
yeah we're also seeing a shift in LP sentiment

338
00:11:16,566 --> 00:11:19,033
like their their feelings exactly

339
00:11:19,033 --> 00:11:19,366
oh yeah

340
00:11:19,366 --> 00:11:20,933
because other types of investments

341
00:11:20,933 --> 00:11:21,933
are starting to do better

342
00:11:21,933 --> 00:11:23,200
than venture capital they're like

343
00:11:23,200 --> 00:11:24,833
see ya VC I'm out of here

344
00:11:24,833 --> 00:11:27,033
pretty much they're looking for better returns

345
00:11:27,033 --> 00:11:28,600
which makes sense right

346
00:11:28,600 --> 00:11:29,633
but right hold on

347
00:11:29,633 --> 00:11:31,866
if everybody's pulling back from VC

348
00:11:32,166 --> 00:11:33,300
then where the returns

349
00:11:33,300 --> 00:11:35,966
like is there is there any good news in all of this

350
00:11:35,966 --> 00:11:38,233
oh there's always opportunity okay

351
00:11:38,233 --> 00:11:39,200
you just have to be well

352
00:11:39,200 --> 00:11:41,266
you gotta think outside the box a little bit

353
00:11:41,333 --> 00:11:42,833
so what are we talking about here

354
00:11:42,833 --> 00:11:44,100
give me some specific well

355
00:11:44,100 --> 00:11:45,133
like Eastwind Substec

356
00:11:45,133 --> 00:11:46,300
they talk about these like

357
00:11:46,300 --> 00:11:50,166
under explored geographies and industries okay

358
00:11:50,166 --> 00:11:51,700
you know instead of everybody just

359
00:11:51,700 --> 00:11:54,600
flocking to Silicon Valley and focusing on software

360
00:11:54,600 --> 00:11:57,400
right investors are starting to look elsewhere

361
00:11:57,400 --> 00:11:59,400
so where are they going what's hot

362
00:11:59,600 --> 00:12:02,566
well energy tech is getting a lot of attention okay

363
00:12:02,566 --> 00:12:07,800
climate solutions agro tech even space exploration

364
00:12:07,800 --> 00:12:09,400
whoa space yeah

365
00:12:09,400 --> 00:12:11,200
that's pretty out there yeah

366
00:12:11,200 --> 00:12:13,933
it is but there's a ton of potential in those areas

367
00:12:13,933 --> 00:12:16,133
because there isn't as much VC money there yet

368
00:12:16,133 --> 00:12:18,800
so it's like the wild west huh

369
00:12:18,800 --> 00:12:20,566
get in there before everybody else

370
00:12:20,566 --> 00:12:22,400
exactly so but you know

371
00:12:22,400 --> 00:12:26,366
it's not just about like chasing the shiny new object

372
00:12:26,366 --> 00:12:28,300
right you gotta be strategic about it

373
00:12:28,300 --> 00:12:28,933
yeah for sure

374
00:12:28,933 --> 00:12:30,766
the funds that are doing well

375
00:12:30,766 --> 00:12:32,366
they're not just following trends

376
00:12:32,366 --> 00:12:33,433
they're doing their homework

377
00:12:33,433 --> 00:12:35,800
really digging deep into these companies right

378
00:12:35,800 --> 00:12:38,600
being more careful more selective

379
00:12:39,033 --> 00:12:40,533
and they're in it for the long haul

380
00:12:40,533 --> 00:12:42,166
they're not just looking for a quick buck

381
00:12:42,166 --> 00:12:44,733
exactly so you gotta be like a detective

382
00:12:44,733 --> 00:12:46,633
not just you know a hype chaser

383
00:12:46,633 --> 00:12:47,966
that's a great way to put okay

384
00:12:47,966 --> 00:12:48,966
that makes sense and it

385
00:12:48,966 --> 00:12:49,933
it actually kind of

386
00:12:49,933 --> 00:12:51,700
ties back to what we were talking about earlier

387
00:12:51,700 --> 00:12:53,500
about convincing those investors

388
00:12:53,500 --> 00:12:54,866
that you're the real deal

389
00:12:55,100 --> 00:12:56,600
if you can show them that

390
00:12:56,600 --> 00:12:58,033
you understand these new markets

391
00:12:58,033 --> 00:12:59,933
that you've got a unique approach yeah

392
00:12:59,933 --> 00:13:01,900
you're way more likely to get their attention

393
00:13:01,900 --> 00:13:04,500
even in a downmarket especially in a downmarket okay

394
00:13:04,500 --> 00:13:07,533
so what does all this mean for the future of VC

395
00:13:07,900 --> 00:13:10,733
like is it is it about to like completely change

396
00:13:10,733 --> 00:13:12,266
I think it's already changing

397
00:13:12,366 --> 00:13:13,833
you know that EWI report

398
00:13:13,833 --> 00:13:17,233
it talks about how VC has to adapt yeah

399
00:13:17,233 --> 00:13:20,200
like diversify go beyond the usual suspects

400
00:13:20,200 --> 00:13:22,933
explore new markets new industries

401
00:13:22,933 --> 00:13:24,200
spread the risk basically

402
00:13:24,200 --> 00:13:27,933
exactly and tap into the next wave of innovation

403
00:13:28,300 --> 00:13:31,733
but it's not just about spreading the money around okay

404
00:13:31,733 --> 00:13:33,133
so what else needs to happen

405
00:13:33,166 --> 00:13:34,100
valuation right

406
00:13:34,100 --> 00:13:35,366
they got to be more realistic

407
00:13:35,366 --> 00:13:38,100
you mean no more that crazy hype in inflated numbers

408
00:13:38,100 --> 00:13:39,133
exactly investors

409
00:13:39,133 --> 00:13:41,966
they gotta be like grounded right

410
00:13:41,966 --> 00:13:43,833
look at the fundamentals be real

411
00:13:43,833 --> 00:13:44,933
yeah okay

412
00:13:44,933 --> 00:13:47,633
make sure their investments make sense in the long term

413
00:13:48,200 --> 00:13:50,633
no more plane fast and loose with valuations

414
00:13:50,633 --> 00:13:51,600
exactly okay

415
00:13:51,600 --> 00:13:54,366
I like that it's gotta be about sustainable growth

416
00:13:54,366 --> 00:13:55,200
sustainable growth yeah

417
00:13:55,200 --> 00:13:57,233
that's what we all want make sense

418
00:13:57,233 --> 00:14:00,433
so it's not just about like riding the wave

419
00:14:00,433 --> 00:14:02,366
you know riding that high wave okay

420
00:14:02,366 --> 00:14:03,366
it's about building

421
00:14:03,366 --> 00:14:05,566
companies that can weather the storm right

422
00:14:05,566 --> 00:14:08,966
companies that are what resilience adaptable

423
00:14:08,966 --> 00:14:11,133
exactly and what was that other thing you said before

424
00:14:11,133 --> 00:14:14,033
oh companies that actually have a positive

425
00:14:14,033 --> 00:14:15,533
impact on the world right

426
00:14:15,533 --> 00:14:17,800
not just making money but making a difference

427
00:14:18,033 --> 00:14:19,900
that's becoming more important to investors

428
00:14:19,900 --> 00:14:20,600
so they wanna

429
00:14:20,600 --> 00:14:23,333
put their money into things that actually help yeah

430
00:14:23,333 --> 00:14:24,333
okay that's interesting

431
00:14:24,333 --> 00:14:25,500
I think that's gonna have a big

432
00:14:25,500 --> 00:14:27,100
impact on what kind of companies

433
00:14:27,100 --> 00:14:28,833
get funded in the future okay

434
00:14:28,833 --> 00:14:31,533
so let's bring it back to our listener who's

435
00:14:31,533 --> 00:14:31,766
you know

436
00:14:31,766 --> 00:14:34,633
getting ready for that big meeting with investors yeah

437
00:14:34,633 --> 00:14:37,633
what's your advice based on

438
00:14:37,633 --> 00:14:39,800
you know everything we've been talking about okay

439
00:14:39,800 --> 00:14:41,100
so I think

440
00:14:41,100 --> 00:14:43,333
the most important thing is just to show them that

441
00:14:43,333 --> 00:14:45,300
you understand how the market works

442
00:14:45,300 --> 00:14:47,633
uh huh be upfront about the challenges

443
00:14:47,633 --> 00:14:49,300
don't sugarcoat it right

444
00:14:49,300 --> 00:14:52,033
but also talk about the opportunities right

445
00:14:52,033 --> 00:14:53,733
show them that you have a plan

446
00:14:53,733 --> 00:14:56,100
that your business is built to last

447
00:14:56,300 --> 00:14:59,200
so basically be real be transparent

448
00:14:59,200 --> 00:15:01,633
show them you can adapt exactly okay

449
00:15:01,633 --> 00:15:04,000
be proactive not reactive right

450
00:15:04,000 --> 00:15:06,266
and focus on the things that you can control

451
00:15:06,333 --> 00:15:08,000
you can't control the economy yep

452
00:15:08,000 --> 00:15:09,400
but you can control your team

453
00:15:09,400 --> 00:15:10,533
your product your vision

454
00:15:10,533 --> 00:15:14,700
exactly it's about building a company that can thrive

455
00:15:14,833 --> 00:15:16,833
no matter what's happening out there right

456
00:15:16,833 --> 00:15:19,700
but but it's not all about the numbers in the plan

457
00:15:19,700 --> 00:15:20,133
right no

458
00:15:20,133 --> 00:15:21,000
definitely not okay

459
00:15:21,000 --> 00:15:22,633
it's also about storytelling

460
00:15:23,500 --> 00:15:25,033
ah okay storytelling

461
00:15:25,033 --> 00:15:25,966
yeah investors

462
00:15:25,966 --> 00:15:27,033
they wanna hear a story

463
00:15:27,033 --> 00:15:28,966
something that captures their imagination

464
00:15:28,966 --> 00:15:30,833
something that gives them confidence

465
00:15:30,833 --> 00:15:32,666
so how do you do that talk

466
00:15:32,900 --> 00:15:34,633
you gotta connect with them on our emotional level

467
00:15:34,633 --> 00:15:36,233
make them believe in your vision

468
00:15:36,233 --> 00:15:38,133
so it's like data is important

469
00:15:38,200 --> 00:15:40,900
but it's the story that really sells it exactly

470
00:15:40,900 --> 00:15:42,700
it's about the passion the purpose

471
00:15:42,700 --> 00:15:44,600
like why are you doing this right

472
00:15:44,600 --> 00:15:45,533
do you believe in it

473
00:15:45,533 --> 00:15:47,166
that's what makes them wanna be a part of it

474
00:15:47,166 --> 00:15:48,733
so you gotta weave it all together yeah

475
00:15:48,733 --> 00:15:50,000
the data the strategy

476
00:15:50,000 --> 00:15:53,166
the heart you gotta paint a picture of the future

477
00:15:53,166 --> 00:15:54,833
that investors wanna be a part of

478
00:15:54,833 --> 00:15:57,200
exactly if you can do that

479
00:15:57,200 --> 00:15:58,600
you'll be in a good place

480
00:15:59,000 --> 00:16:00,100
even in a market like this

481
00:16:00,100 --> 00:16:02,833
you can still get funding if you have a great idea

482
00:16:02,833 --> 00:16:05,833
a strong team and a vision that people believe in

483
00:16:06,333 --> 00:16:08,100
it's all about being prepared

484
00:16:08,100 --> 00:16:10,766
being flexible and believing in what you're building

485
00:16:10,766 --> 00:16:14,066
yeah and don't forget to enjoy the ride right

486
00:16:14,100 --> 00:16:15,633
building a company is tough

487
00:16:15,733 --> 00:16:17,833
but also incredibly rewarding

488
00:16:18,633 --> 00:16:20,233
embrace the UPS and downs

489
00:16:20,233 --> 00:16:22,800
learn from the mistakes and keep innovating

490
00:16:22,800 --> 00:16:24,200
couldn't have said it better myself

491
00:16:24,200 --> 00:16:24,433
so

492
00:16:24,433 --> 00:16:26,566
it sounds like the VC landscape is going through this

493
00:16:26,566 --> 00:16:29,100
like really interesting evolution

494
00:16:29,300 --> 00:16:30,700
you know we've seen a downturn

495
00:16:31,333 --> 00:16:34,533
but there's also this shift towards sustainable growth

496
00:16:34,833 --> 00:16:36,666
a focus on these new sectors

497
00:16:36,900 --> 00:16:38,700
and a real emphasis on fundamentals

498
00:16:38,700 --> 00:16:40,833
yeah it's definitely a time of change

499
00:16:40,833 --> 00:16:43,333
I think this evolution presents both challenges

500
00:16:43,333 --> 00:16:44,800
and opportunities right

501
00:16:44,800 --> 00:16:46,633
you know for those who are willing to adapt

502
00:16:46,633 --> 00:16:49,500
think differently embrace a long term perspective

503
00:16:49,500 --> 00:16:49,933
yeah

504
00:16:49,933 --> 00:16:52,500
there's still tons of room for success in the BC world

505
00:16:52,500 --> 00:16:54,800
so this deep dive has been really helpful

506
00:16:54,900 --> 00:16:56,366
you know especially for someone like you

507
00:16:56,366 --> 00:16:58,533
who's about to go into that investor meeting

508
00:16:58,566 --> 00:17:00,966
we've covered a lot from metro trends

509
00:17:00,966 --> 00:17:02,400
to these structural challenges

510
00:17:02,400 --> 00:17:05,733
to new opportunities what are some of the key takeaways

511
00:17:05,733 --> 00:17:08,000
like if you had to sum it all up for our listener

512
00:17:08,000 --> 00:17:08,400
okay well

513
00:17:08,400 --> 00:17:09,166
I think the

514
00:17:09,166 --> 00:17:10,933
most important thing to remember is that the VC

515
00:17:10,933 --> 00:17:12,700
landscape it's changing

516
00:17:12,733 --> 00:17:14,833
but it's not like dying right

517
00:17:14,833 --> 00:17:16,200
it's transforming

518
00:17:16,300 --> 00:17:18,900
and this transformation requires a shift in mindset

519
00:17:18,900 --> 00:17:20,800
for both investors and entrepreneurs

520
00:17:20,800 --> 00:17:22,566
so instead of looking at this downturn as like

521
00:17:22,566 --> 00:17:24,000
a sign at the end right

522
00:17:24,000 --> 00:17:27,133
we should see it as a chance to like make things better

523
00:17:27,233 --> 00:17:30,200
exactly it's a chance to build a more resilient

524
00:17:30,200 --> 00:17:33,666
sustainable impactful VC ecosystem

525
00:17:33,966 --> 00:17:36,433
well that's focused on creating lasting value

526
00:17:36,900 --> 00:17:38,566
not just chasing quick returns

527
00:17:38,566 --> 00:17:40,700
I like that and for our listener

528
00:17:40,700 --> 00:17:43,400
who's about to pitch their company to investors

529
00:17:43,400 --> 00:17:46,433
hmm what's the one piece of advice you would give them

530
00:17:46,533 --> 00:17:48,900
I would say going with confidence

531
00:17:48,966 --> 00:17:50,633
knowing that you've done your homework

532
00:17:50,800 --> 00:17:52,933
be prepared to talk about the challenges

533
00:17:52,933 --> 00:17:54,166
but also highlight

534
00:17:54,166 --> 00:17:56,800
the opportunities that this new landscape presents

535
00:17:56,800 --> 00:17:57,733
and most importantly

536
00:17:57,733 --> 00:18:00,066
tell your story with passion and conviction

537
00:18:00,600 --> 00:18:02,366
investors are looking for companies that are

538
00:18:02,366 --> 00:18:05,000
not only viable but also inspiring

539
00:18:05,000 --> 00:18:06,700
that's great advice remember

540
00:18:06,700 --> 00:18:07,966
even in a downmarket

541
00:18:07,966 --> 00:18:11,133
great ideas with strong teams and a compelling vision

542
00:18:11,133 --> 00:18:13,800
can still get funding it's about being prepared

543
00:18:13,800 --> 00:18:16,266
being adaptable and believing in what you're building

544
00:18:16,300 --> 00:18:17,533
that's it awesome

545
00:18:17,566 --> 00:18:18,500
well thanks for joining us

546
00:18:18,500 --> 00:18:20,833
on this deep dive into the world of venture capital

547
00:18:20,833 --> 00:18:22,800
yeah we hope you found it insightful and helpful

548
00:18:22,800 --> 00:18:24,033
as you navigate this you know

549
00:18:24,033 --> 00:18:26,400
kind of crazy landscape here's my pleasure

550
00:18:26,400 --> 00:18:27,633
for those of you want to learn more

551
00:18:27,633 --> 00:18:28,933
check out the shownotes for links

552
00:18:28,933 --> 00:18:30,500
to all the source material we talked about

553
00:18:30,500 --> 00:18:32,000
yep all the good stuff

554
00:18:32,000 --> 00:18:34,166
until next time keep on diving deep