The Ledger
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Rohan: Seed and venture capital face major disruption within two years
“So I think in, like, two years, like, you mush that all together, it's, yeah, it's ripe for incredible disruption, or I'd say there's a lot of opportunity there for funds and managers to really take leadership positions because it's, there's just so much chang…”
Rohan: Initial seed funding rounds will permanently remain essential for startups
“I think the seed round is like, if there's one round, and I think this is like an interesting topic, like how funding dynamics and whether you need BC, but I think if there's one round that is Will be essential for forever. It is that first round, right? And i…”
Rohan: Will invest in uncapped SAFEs with time-bound conversion provisions
“Yes. I put certain provisions around them that they, if they don't raise at a certain point, that, that, that, that it would, like, convert at something at some point, but I generally, generally would do it.”
Rohan: Seed investors had 50% to 75% deal coverage around 2010
“When David and I started, like, this ecosystem was so small, like, the seed deals would almost pass through everyone's inbox, like, almost everyone, it was like, you almost had, like, 50 to 75% coverage of any given deal.”
Rohan: Secondaries will become a robust liquidity option if M&A contracts
“I do believe the secondaries are going to be a really robust option.”
Rohan: AI will make companies significantly more capital efficient long-term
“And if AI will do anything, I think it'll just make companies that much more capital efficient in the longterm.”
Rohan: Raising a debut fund normally takes 12 to 18 months
“Realize that fundraising, especially fun ones, can take time, and you have to be patient. 12 to 18 months is fine. People not meeting with you for a couple months is fine. People taking, you know, months if not sometimes a half a year to reach a decision is fi…”