Sam Lessin predicts most sub-$50M seed funds will disappear without DPI
Sam Lessin · Is Venture Capital Broken? | Sam Lessin on TBPN · Apr 26, 2025 · at 24:00
Sam Lessin explains that seed-stage micro-funds must deliver cash distributions (DPI) to survive, unlike fee-earning platform funds.
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“I think what we're going to find is that, you know, a, The market, most of those funds are going away because they don't have that and they're not going to be.”
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