20VC: Why We Are in a Bubble & Now could be Frothier Than 2021 | Why $1M ARR is a BS Milestone for Sequence A | Why Seed Pricing is Rational & Giant Seed Rounds Have Much less Threat | Why Many AI Apps Have BS Income & Are Not Sustainable with Saam Motamedi @ Greylock

Posted on fifteenth July 2024 by Harry

Saam Motamedi is a Normal Associate at Greylock, the place he has led investments in Irregular Safety (incubated at Greylock), Apiiro Safety and Opal Safety, in addition to AI corporations like Adept, Braintrst, Cresta, Predibase, Snorkel, and extra. Earlier than Greylock, Saam based Guru Labs, a machine learning-driven fintech startup, and labored in product administration at RelateIQ, one of many first utilized AI software program corporations.

In Immediately’s Dialog We Talk about:

1. Seed Immediately is Frothier than 2021:

• How does Saam consider the seed market at present?
• With seed pricing being so excessive, how does he mirror on his personal worth sensitivity? When does he say an excessive amount of and doesn’t do it?
• Regardless of seed pricing being increased than ever earlier than, why does Saam imagine it’s rational?
• How has the competitors at seed modified in the previous few years?

2. Sequence B and Development usually are not a Viable Asset Class Immediately:

• Why does Saam imagine that you simply can’t generate profits at Sequence B at present?
• Why has pricing gone by way of the roof? Who’s the brand new competitors?
• When does it make sense to “play the sport on the sphere” vs say that is BS and do one thing else?
• What would want to occur within the public markets for Sequence B to be a viable asset class once more?

3. Markets vs Founders: The Billion Greenback Mistake and Classes:

• How does Saam prioritise between founder vs market?
• What have been Saam’s greatest classes in terms of market sizing and timing?
• What’s Saam’s greatest miss? How did it change his strategy and firm analysis?
• Which different VC would Saam most wish to swap portfolios with? Why them?

4. Saam Motamedi: AMA:

• What does Saam know now that he needs he had identified when he received into VC?
• Saam has had a meteoric rise in Greylock, what recommendation does Saam have for these youthful buyers look to actually scale inside a agency?
• Sourcing, deciding on and servicing: The place is he finest? The place is he worst?
• Why does Saam imagine that the majority VCs don’t add worth?