From a boutique industry of ~20 firms to today where there are specialised funds for every stage, geography and category, Venture Capital has changed radically.

On this episode we have Nakul Mandan from Audacious Ventures. Nakul came to Silicon Valley at 28 expecting to be fired. He left Lightspeed in 2020, spent 14 months raising a $90M first fund in the middle of a pandemic, then watched ChatGPT changing the game entirely during his first two years of investing.

In this episode, Nakul shares how his thinking evolved from being thesis-driven to people-driven, why he believes only five thousand people shape Silicon Valley, why there is always a younger, hungrier investor coming for you and how to invest millions of dollars in 20 year old founders.

Watch this episode to understand the new Venture Capital and how it’s operating in the hyper-speed AI world.

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