The Scott Show

RIP Venture Factory and The State of VC 2025 with Sam Lessin


Listen Later

Scott sits down with venture capitalist, essayist, and Slow Ventures GP Sam Lessin for a candid, high-signal conversation about the state of venture capital—and why the old playbook is officially dead. Sam unpacks the ideas behind his viral VC25 manifesto, including why the startup conveyor belt model is broken, how today’s founders are flying blind, and what it really takes to build something worth betting on in a post-factory era.
Together, Scott and Sam dive deep into the evolving role of seed investors, the myth of the “10x engineer,” and why most unicorns are now zombified corpses soaking up capital and talent. They riff on founder delusion, LP dysfunction, the commoditization of software, and how a new generation of operators must be built for long-term reality—not short-term hype.
It’s a provocative, honest, and sometimes brutal look at how we fund, build, and believe in companies today—and why SFD (Straight F*cking Down) might be the new north star for modern venture.
What You’ll Learn: -- Why the “VC Factory” model is gone for good
-- How to survive as a seed fund in the mega-fund era
-- Why great companies must now be built for forever, not acquisition
-- What matters more than tech: story, founder, deal
Support the show (and your wallet) by creating a free account at Kingscrowd.com
Follow Sam Lessin on Twitter @lessin
Follow Scott on IG/Twitter @Kitun
...more
View all episodesView all episodes
Download on the App Store

The Scott ShowBy Scott Kitun

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

32 ratings


More shows like The Scott Show

View all
Fantasy Focus Football by ESPN, Field Yates, Stephania Bell, Mike Clay, Daniel Dopp

Fantasy Focus Football

13,578 Listeners

Steve and Johnnie by WGN Plus

Steve and Johnnie

37 Listeners

The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

225,839 Listeners

Legal Face-off by WGN Plus

Legal Face-off

20 Listeners

Walter Jacobson's Perspective by WGN Plus

Walter Jacobson's Perspective

6 Listeners

The Mincing Rascals by WGN Plus

The Mincing Rascals

431 Listeners

The Bill Simmons Podcast by The Ringer

The Bill Simmons Podcast

29,976 Listeners

Acquired by Ben Gilbert and David Rosenthal

Acquired

4,226 Listeners

Steve Dale's Other World by WGN Plus

Steve Dale's Other World

4 Listeners

The Chicago Way by WGN Plus

The Chicago Way

1,166 Listeners

Second City Works presents "Getting to Yes, And" by WGN Plus

Second City Works presents "Getting to Yes, And"

62 Listeners

Elton Jim Turano's Captain Pod-tastic by WGN Plus

Elton Jim Turano's Captain Pod-tastic

51 Listeners

Paul Lisnek Behind the Curtain by WGN Plus

Paul Lisnek Behind the Curtain

7 Listeners

The Ryen Russillo Podcast by The Ringer

The Ryen Russillo Podcast

14,280 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,073 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,261 Listeners

Hard Fork by The New York Times

Hard Fork

5,448 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,581 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

504 Listeners

More or Less by Dave Morin, Jessica Lessin, Brit Morin, and Sam Lessin

More or Less

89 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

466 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,167 Listeners

The Zach Lowe Show by The Ringer

The Zach Lowe Show

2,000 Listeners