Mark Suster and Samir Kaji on the 2024 Venture Market, IPOS, and Secondaries | E1899
This Week in Startups is brought to you by… Squarespace. Turn your idea into a new website! Go to Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. MEV. Tired of the dev shop rollercoaster? Mev is your reliable technical partner, offering a well-established software development process designed to consistently deliver unparalleled value to their clients. Get $30,000 off your first three months at http://mev.com/twist! Northwest Registered Agent. When starting your business, it's important to use a service that will actually help you. Northwest Registered Agent is that service. They'll form your company fast, give you the documents you need to open a business bank account, and even provide you with mail scanning and a business address to keep your personal privacy intact. Visit http://www,northwestregisteredagent.com/twist to get a 60% discount on your next LLC. * Todays show: David Weisburd hosts Mark Suster, Samir Kaji, and Jason Calacanis to discuss the 2024 venture market (1:24), VCs selling secondaries (23:04), IPOS in 2024 (45:56), and much more! * Timestamps: (0:00) David Weisburd hosts Mark Suster, Samir Kaji,, and Jason Calacanis (1:24) Thoughts on IVP raising $1.3 Billion for their 18th fund and different angles on the current fundraising market (14:28) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist (15:53) Mark's strategy today for DPI (Distributed to Paid-In Capital) (23:04) VCs selling secondaries and best practices when disclosing selling after hitting targets (28:00) MEV - Get $30,000 off your first three months at http://mev.com/twist (29:21) Thoughts on strip sales, continuation funds, and exotic secondary vehicles. When should GPs pursue that strategy? (40:56) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist (45:56) F-Prime's 2024 State of Fintech Report, the IPO market in 2024, and early stage fintech (54:47) Kleiner Perkins and how a firm reboots (1:03:01) The apprenticeship model in Venture Capital, and mistakes GPs make when interacting with LPs (1:17:44) Rapid-fire segment on top recent investments * Mentioned on the show: https://www.theinformation.com/articles/ivps-new-fund-shows-growth-investors-are-ready-to-get-off-sidelineshttps://techcrunch.com/2024/02/03/mamoon-hamid-and-ilya-fushman-of-kleiner-perkins-more-than-80-of-pitches-now-involve-ai/ https://fprimecapital.com/blog/the-2024-state-of-fintech-report https://www.bland.ai https://kuberahealth.com https://www.stonealgo.com https://giggster.com * Follow Mark X: https://twitter.com/msuster * Follow Samir X: https://twitter.com/Samirkaji * Follow David: X: https://twitter.com/DWeisburd LinkedIn: https://www.linkedin.com/in/dweisburd Check out: https://10xcapital.com * Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast