In 2023, Friedberg predicted a significant decrease in venture capital for startups; in 2025, he predicted a surge in capital deployment due to AI.
THEN · Sep 22, 2023
0:00 / 0:10exact quote · 10.6s
NOW · May 31, 2025
0:00 / 0:10exact quote · 10.5s
“On a day to day basis, it means there's gonna be less companies that are going to get funded, but more importantly, it's gonna be less LP money going into venture. And there's going to be less capital available to fund startups in aggregate by a significant amount.”
“In fact, what I think we're going to see is much more venture capital flowing into new tech startups, much more capital being deployed because the return on the invested capital is so, so, so much higher because of AI.”