Why Kevin Hartz is betting big on teenage founders

Venture capital's evolution is examined through the perspectives of founder, investor, and LP, featuring Kevin Hartz, serial entrepreneur and managing partner at A-Star Capital. Hartz shares his experiences building companies like Zoom and Eventbrite, and discusses his current focus on pre-seed and seed investments with A-Star, a $300 million generalist fund. The conversation addresses rising seed valuations, with Hartz noting a current term sheet for a two-month-old company at a $60 million valuation. He emphasizes the importance of differentiation for emerging fund managers and highlights A-Star's approach to deal flow through company incubations, including Soron, an autonomous drone security company. Also explored is the increasing trend of teenage founders and the debate over whether venture capital remains a viable asset class.