Operators said

Fundraising & investors

Ganesan advises LPs to judge venture firms by which partners leading AI founders respect, since fund performance lags five to seven years. Listen

Ganesan called past returns a rear-view mirror. His suggested test is to call founders of successful AI companies and ask which partners they respect, even partners they did not take money from. He said that if a firm has none of those partners, that is the warning sign.

“call a bunch of entrepreneurs or successful AI companies and ask them who are the partners they respect. And my aim is they didn't take the money.”

From 20VC: Is Seed Investing Dead Without a $1BN Fund? | Does Ownership and Price Matter When Companies Can Be $1TRN Exits | Are AI Revenue Numbers Real and What to Watch Out For with Venky Ganesan, Menlo Ventures.