Bill Maris: Large fund asset accumulation is not true venture capital
Bill Maris · Bill Maris: How Google Could Crush AI Competitors, Why Small Funds Win, and AI's Atari Stage · Jun 9, 2026 · at 13:43
Bill Maris, founder of Section 32 and former CEO of Google Ventures, responds to David Friedberg on the All-In Podcast panel regarding whether multi-billion dollar late-stage funds constitute venture capital.
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“If you're an RIA and you're, you know, collecting assets, that is not venture. You know, venture, as I practice it at least, is a different craft where you are Making concentrated bets of your time and capital on entrepreneurs and helping them build a business.”
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