Heitzmann: The next generation of seed startups will operate far more efficiently
Rick Heitzman · Rick Heitzmann – New York Venture Investing at FirstMark Capital (EP.350) · Nov 13, 2023 · at 1:03:02
Rick Heitzman, founder of FirstMark Capital, discusses how macroeconomic resets and higher interest rates will shape founder behavior.
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“This next generation, including at the seed level are going to be born out of a time of higher capital efficiency, Higher cost of capital, and they'll count their pennies more, and they'll stretch those dollars more, and therefore, you're going to see people who are anxious to hear some of those stories and get from here to there on a lower cost of capital”
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