Redpoint Ventures and Stepstone Group on VC Deployment, M&A, and Google's AI Strategy | E1934

This Week in Startups is brought to you by…

Hubspot for Podcast Network. Looking to up your marketing game?

Check out HubSpot's Chatbot Builder:  https://clickhubspot.com/s0u

Chatbot Tutorial here: https://clickhubspot.com/mfx

DevSquad. Most dev agencies only offer developers. Why? Because product management is hard. Get an entire product team for the cost of one US developer plus 10% off at https://www.devsquad.com/twist

Mercury. 90% of startups fail. Just 10 out of every 100 make it. Mercury exists to close that gap — helping companies succeed with banking and credit cards engineered for the startup journey. Join over 100,000 companies banking with Mercury at ⁠http://www.mercury.com⁠

*

Todays show:

David Weisburd hosts Logan Bartlett, Hunter Somerville, and Jason Calacanis to discuss the fundraising market (3:07), M&A; (26:45), Google’s huge investment in generative AI (58:15), and much more!

*

Timestamps:

(0:00) David Weisburd intros Logan Bartlett, Hunter Somerville, and Jason Calacanis

(3:07) Tiger's recent fund and fundraising indicators

(11:55) HubSpot’s Chatbot Builder - https://clickhubspot.com/s0u https://clickhubspot.com/mfx

(13:26) The challenges and realities of venture capital

(25:14) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at https://www.devsquad.com/twist

(26:45) Startup acquisitions, due diligence, and unethical behaviors in the industry

(31:27) Selling partial positions in startups and structuring the selling of shares

(37:18) Mercury - Join 100K+ startups banking with Mercury at http://www.mercury.com⁠

(38:20) Cendana and Kline Hill’s $105M fund to buy stakes in seed VC funds

(46:59) The correlation between capital consumption and equity value, and the dangers of excess capital

(54:28) The role of private equity in tech M&A; and the future of tech IPOs

(58:15) Google's $100 billion investment in AI and competition in the AI ecosystem

(1:06:30) The challenge of capacity in seed stage investing and the value of a strong community in portfolio management

*

Follow Logan:

X: https://twitter.com/loganbartlett

LinkedIn: https://www.linkedin.com/in/loganbartlett

Check out: https://www.redpoint.com

*

Follow Hunter:

LinkedIn: https://www.linkedin.com/in/hunter-somerville-2a24117

Check out: https://www.stepstonegroup.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

*

Thank you to our partners:

(11:55) HubSpot’s Chatbot Builder - https://clickhubspot.com/s0u https://clickhubspot.com/mfx

(25:14) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at https://www.devsquad.com/twist

(37:18) Mercury - Join 100K+ startups banking with Mercury at http://www.mercury.com⁠

*

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