INSUBCONTINENT EXCLUSIVE:
On the heels of her conversation-driving Twitter thread on 2020 venture fundraising climate, Hustle Fund Elizabeth Yin converted her
thoughts into an op-ed for TechCrunch
In keeping with her expansive thread, we asked her to adapt her thread for a TechCrunch column and join us for an extended
conversation.
What follows is an interview between Yin and myself that came after I read her piece (which you can find here), digging into
venture capitalist fear, the ability of established founders to raise outsized rounds, her advice on growth and how some Series A and Series
B-stage companies posting impressive revenue expansion might be nigh-unfundable in this, the new fundraising reality.
What follows is an
edited, occasionally condensed transcript of our chat
Let go!
TechCrunch: Okay, question one
You said, &VCs have gotten scared, almost to a fault.& Aside from the WeWork IPO implosion, what are the leading drivers of this recent
increase in fear?
Elizabeth Yin: Taking a step back, I think we have to ask ourselves, what is even the place of venture capital in the
first place? And when you think about the original venture capital industry, you know, decades ago, those VCs were taking big, big bets,
like at those moments in time during the 90s, or even before that, for some of the chip companies or even Apple Computer, there were many