The End of the ZIRP Era, and why recruiting is SO PAINFUL | E2164

In this episode of This Week in Startups, Jason Calacanis hosts a Venture Roundtable featuring Dave McClure, Grady Buchanan, and Tomasz Tunguz to discuss the evolving landscape of venture capital. The panel explores topics such as secondary transactions, fund management strategies in light of extended timelines for companies to go public, and the impact of AI on startup efficiency. They delve into the challenges of managing older funds, the importance of DPI (Distributions to Paid-In Capital), and the shift from growth-at-all-costs to profitable growth. The conversation also covers the changing dynamics of M&A, the role of AI in streamlining startup operations, and new approaches to venture investing, including the potential for seed funds to engage in secondary sales and the increasing need for GPs to manage end-of-life portfolios actively.