Jay Hoag: Tech growth investing competition has decreased since 2021
Jay Hoag · Why This Veteran Venture Capitalist Avoids AI Hype | Jay Hoag Interview · Invest Like The Best · Jun 17, 2025 · at 19:49
TCV co-founder Jay Hoag reflects on shifts in the competitive landscape for growth equity after non-specialized capital pulled back.
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“So yes, competition's increased, but I'd say in the last three years, it's actually four years decreased.”
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