Venture Capital Will Bifurcate Into Regional Seed Firms and Global Platforms
Byron Deeter · 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage · May 27, 2021 · at 28:47
Byron Deeter, partner at Bessemer Venture Partners, outlines how venture firm structures are shifting in response to expanding late-stage capital.
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“I do believe that the world is going to skew to a bimodal curve where there's going to be Super stage or regional firms. I put you in that bucket where you are going to be a fantastic early stage European partner for seed stage firms, and we look forward to coming in after and marking your deals up. And then there's going to be global platforms that play multi-stage, multi-sector, multi-geography, and very clearly Bessemer Venture Partners is in door number two.”
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