Asparouhov: Future VCs will be hard tech polymaths, not SaaS analysts
Delian Asparouhov · Delian Asparouhov: Inside the Walls of Founders Fund: What the World Does Not See | E1183 · 20VC with Harry Stebbings · Jul 29, 2024 · at 1:00:55
Delian Asparouhov is a Partner at Founders Fund and co-founder of Varda Space Industries. He addresses how venture capitalists must adapt to the transition from software investing to hard tech.
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“I think what you will see is the, you know, sort of profile of investors start to change. You need these very sort of broad polymaths that can, you know, sort of get up to speed across biotech, material science, aerospace, et cetera, more so than people whose, you know, sort of skill set purely sits in the world of like financial analysis and you know software, you know, engineering and product. And so there does need to be adaptation. I think what you'll realistically see is just the, like, you know, sort of ranks of VCs will fundamentally change. I'm not sure that everyone is going to be capable of sort of reinventing themselves in this way. I just think the up and coming classes will look very different.”
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