20VC: Why VC Today is Worse Than 2021 | Why Vertical SaaS is a Bad Investment Today | Why We Are Deluding Ourselves on Growth Expectations | Revolut Raises $3BN at a $75BN Valuation | Benchmark Adds Their Newest General Partner

AGENDA:

04:50 Benchmark's New Partner: Everett Randall

10:19 Revolut Raises $3BN at a $75BN Valuation: Another Loss for Public Markets?

28:39 Why Today is as Bad as the Hype of COVID in 2021

32:10 Why Vertical SaaS is a Bad VC Investment Today

36:14 Why Everyone Investing in Legal SaaS Will Lose Money

44:16 Why King Making is More Real Than Ever

55:23 Why Your Smallest Customers Need to Pay $10K Minimum

01:01:37 Why VC is a S*** Asset Class

01:09:29 Why Today is Harder Than It Has Ever Been in VC

01:25:18 Closing Thoughts and Reflections