20VC: Why Small Funds Outperform Large Funds & AUM is a Vanity Metric | Why 99% of Investments in AI Startups Will Go To Zero | Being a "Traction First" VC & Investing Lessons from Investing in Canva and Missing Figma with Nikhil Basu-Trivedi
This podcast episode delves into the world of venture capital, encompassing topics like identifying exceptional companies, the significance of product market fit, challenges of early-stage investment, the complexities of evaluating founders' abilities, as well as the unique approach of Footwork, a venture capital firm. The experts discuss the experiences of investors, the current state of AI in venture investments, the challenges of pro rata investment, and the use of reserves in venture capital. Insights from successful investors and venture firms are shared, providing valuable lessons and insights for aspiring investors and entrepreneurs alike.