Every early-stage VC entering the Midas List since 2015 is an operator
Delian Asparouhov · Inside Varda’s Space Factory | Delian Asparouhov, Founders Fund & Varda · Sourcery with Molly O'Shea · Mar 28, 2025 · at 52:29
Delian Asparouhov argues that founder preferences have shifted toward operator investors over financial or media-centric venture capitalists.
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“If you look at the post call, 2015 time frame, the people that make it onto the Midas list, which while an imperfect list is maybe the closest that we have to an objective ranking function of VCs the, you know, sort of the only ones that have made it down to the, you know, sort of top hundred in the post 2015 time frame that early stage investors Are only people that have had significant operational backgrounds.”
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