Jason Lemkin: Predictions for 2024 - What Does a Trump Administration do for Startups? | E1099

Every single 20VC episode is recorded with Riverside.FM. It is the one product that I could not live without. Try it today here (https://creators.riverside.fm/20VC) and use the code 20VC for 15% off. ----------------------------------------------- Joining Harry in the hot seat today is Jason Lemkin, Founder @ SaaStr and one of the OG SaaS investors of the last decade. ----------------------------------------------- Timestamps: (00:00) Intro (01:45) OpenAI as 2023's Best Company (04:16) HubSpot's Long-Term Business Model (08:36) Challenges with Wealthy Founder VCs (12:13) Highlighting 2023's Best Founder (15:17) SaaS Performance Trends in 2023 (18:54) Insights from Bill Gurley's Exit Strategy Tweet (21:29) Updating Founder Advice (22:49) Y Combinator: Leading Early-Stage Fund (25:59) Kleiner's Remarkable Comeback (30:21) Identifying Top Late-Stage Funds (32:19) The Lack of Greed in 2023 (33:16) Surprises Emerging in 2023 (34:27) Reserve Deployment: Identifying Winners and Losers (37:28) The Key Role of Supportive Investors (46:33) Predicting the SaaS Landscape in 2024 (52:43) IPO Outlook for 2024 (01:02:49) Trump's Influence on the VC Economy (01:11:32) Quick-Fire Round ----------------------------------------------- The discussion today is broken into two segments: 2023: A Year in Review: Breakout company Best early-stage fund Best late-stage fund Most surprising event Founder of the Year 2024: Predictions: What is to Come: Does the IPO window open? Do Stripe, Databricks, and more go public? What happens to early-stage venture markets? Does the growth stage come roaring back? What happens to the M&A market? How does Trump change the startup ecosystem? Will a generation of young VCs be washed out the system? Will a ton of venture firms shut down? ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on Twitter: https://twitter.com/HarryStebbings Follow Jason Lemkin on Twitter: https://twitter.com/@jasonlk Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #VentureCapital #JasonLemkin #SaaStr #2024elections #2024predictions #harrystebbings