“The LP dollars that are going into venture are concentrated into fewer and fewer funds. Those fund sizes have basically nine acts on average. If you just look at the top 20 funds”
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More from Eric Scott
PredictionOpen · timeframe Dec 2026
Scott: Global venture investments are on track to exceed $1T in 2026
“So the, these numbers are kind of apples to oranges, but I think they're, we're on track in 20, 26 to clear a trillion dollars of venture capital. Globally.”
Eric ScottMay 22, 2026▶ 15:32AI Investing Strategy for 2026 · Joe Lonsdale
AssertionNot checkable as stated
Scott: Mega-funds neglect hundreds of startups growing 50% to 150% annually
“And there are hundreds of companies out there that are working on big, super important problems with great teams. They have high product market fit. They have growth rates that are 50 to 150% year over year. But they might not be a trillion dollar company. Tho…”
Eric ScottMay 22, 2026▶ 18:17AI Investing Strategy for 2026 · Joe Lonsdale
Insight
Scott: AI will slash enterprise operating costs without destroying structural moats
“We don't want to see AI impacting their moat. So if they have a network effect, a cost of capital advantage, a regulatory moat, Those things are not going to go away with AI. However, their operating costs should be falling off a cliff.”
Eric ScottMay 22, 2026▶ 22:23AI Investing Strategy for 2026 · Joe Lonsdale
AssertionNot checkable as stated
Scott: VCs rarely choose their hottest startups for personal net worth bets
“We would ask them, if you had to put all of your net worth, liquid net worth into one company, which company would it be? And that company was rarely the hottest company in their portfolio, in part because they already had massive e-liquid exposure to that com…”
Eric ScottMay 22, 2026▶ 23:42AI Investing Strategy for 2026 · Joe Lonsdale
Insight
Scott: Office playgrounds are a deeply negative signal for company culture
“And you know, now I'm 37 and I realized that's actually like a deeply negative signal for the culture of the company.”
Eric ScottMay 22, 2026▶ 5:41AI Investing Strategy for 2026 · Joe Lonsdale
Insight
Scott: The individual incubator determines startup success, not process
“The person incubating the company is actually still the number one determinant of success. There's no like magic way to do this that you can write on a whiteboard and say.”
Eric ScottMay 22, 2026▶ 11:32AI Investing Strategy for 2026 · Joe Lonsdale
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