Q I interviewed, uh, Ed Sim the other day at Bold Start Ventures, and he, he's a specialist kind of seed micro VC investor in SaaS companies, which is obviously exactly what we were saying, Verta, Vertical specialization. Um, yeah, absolutely. And then in terms of, kind of, thoughts for the future of the seed funding environment, where do you see the seed funding landscape in, say, 10 to 20 years?
A Um, you know, my crystal ball unfortunately only goes out to five years, so I'm going to answer with what I think is going to happen over the next five years. So I think a few things are going to happen. Number one, I think we're going to see a contraction in this space. The number of active micro VCs I think is going to drop to close to a hundred to a 150 by the year, 2020. Again, I think it's, it's pure math. I don't think there's enough returns out there You know, to sustain the number of micro VC funds that are out there. We've seen this before. We saw a run up in the number of active venture funds from 95 to 2000, peaking at 1100. And fundamentally, we saw massive contraction. I think that's going to happen. I think another thing that's going to happen is the continued prominence of platforms like AngelList. Again, I don't think it's going to be linear. I think it's going to You know, we're going to have some retraction, but at some point I think it's going to be a very, very important and integral part of the, you know, the seed ecosystem. Um, and the third thing I think we're going to see, I mean, and You know, we're starting to see this to a certain level, is the use of data. So, you know, companies like Mattermark and CV Insights do a great job, you know, calling some of the private data, which is imperfect in nature, and, and, and, and, and really, ah, putting it in a…
AI assessment note: “I'm going to answer with what I think is going to happen over the next five years.”