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Why Do Some People Consider Venture Capital a “Young Person’s Game”?

SaaStr

Procore was founded in 2003. Finally close own fund in 2003, after 12 months. Invest in seed round of Procore in 2003. The post Why Do Some People Consider Venture Capital a “Young Person’s Game”? Imagine you were a seed VC: Started as an angel, in say 2000. Start raising own fund in 2002.

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Decacorns & Unicorns in 2020: Founders Fund Keith Rabois and SaaStr’s Jason Lemkin (Video + Transcript)

SaaStr

I think it’s more overall more like 2000 to 2003 in Silicon Valley, but there’ll be some industries and celebrated goals that either aren’t effected as much or snap back very quickly. If 15 to 20% are COVID beneficiaries, can that absorb all the ventured capital? Does venture capital even need to bother?