Lemkin: LPs Are Giving VCs Mulligans on 2021 Funds to Focus on AI Deals
Jason Lemkin · Jason Lemkin: Why Pricing is Worse Than Ever and There is More Funding Than Ever | E1157 · 20VC with Harry Stebbings · May 27, 2024 · at 27:19
SaaStr founder Jason Lemkin explains how institutional investors (LPs) are evaluating venture capital fund performance post-2021 market downturn.
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“Everyone's getting a mulligan. Everyone is getting, the LPs have decided they just, there's no point in being a critic for your, A hundred X deals in 20, 21. We're gonna more be a critic for your hundred X AI deals in 20, 24, but the 20, 21 deals are behind us.”
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