20VC Exclusive: Why Mega Platforms Will Win in VC | Why You Cannot Do VC If You Do Not Do Pre-Seed | Why Market Sizing is BS | Where Will Foundation Models Build/Buy Apps vs Where Will They Not with Bucky Moore
Bucky Moore is a Partner @ Lightspeed Venture Partners, announced exclusively in the show today on 20VC. Prior to Lightspeed, Bucky spent an incredibly successful 7 years at Kleiner Perkins working with Mamoon Hamid to build one of the most successful early stage firms of the last decade. Bucky has made investments in the likes of Prisma, Netlify, Browserbase and more.
In Today’s Episode We Discuss:
03:07 Big News: Joining Lightspeed Venture Partners
04:09 Why Mega Platforms Will Win the Next 10 Years of VC
09:33 Are Foundation Model Companies Good Venture Investments
16:04 What Applications Will Model Providers Buy/Build? What Will They Not?
22:03 How to Approach Price Sensitivity in a World of AI
28:25 Why is it BS to do Market Sizing When Making Investments in AI
34:03 Is the Future of VC Domain Specialization
38:38 How to Know What Company Wins in Super Competitive Markets
41:06 Why Every Firm Has to do Pre-Seed To Win in VC Today?
44:43 The Risks of Multi-Stage Investing: Is Signalling Risk Real?
48:53 Investing Lessons from Leading Rounds in Glean and Windsurf
56:54 Quick Fire Round: Lessons from Mamoon, Fave CEO, Next 10 Years
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman.
If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.
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