435. How to Raise Venture Capital in 2024: Valuations, AI, Diversity & more with Julia Krieger

Julia Krieger is the managing partner of Pari Passu Venture Partners, a network of founders supporting founders. She has been both an operator and a venture investor and so has unique perspectives on all things startups and VCs. In this conversation, we explore:Julia’s time investing over $100M for Insight PartnersHer experience building sharing economy marketplace, VillageLuxeHow Pari Passu invests on an SPV model instead of a fund model, and the benefits of thisOperator-led VC firms v non-operator led VC firms and their respective meritsWhere the venture landscape and valuations are at todayThe impact of AI on capital efficiencyWarm v cold outreachTips for founders looking to raiseHow going through difficult times breeds empathyWe also touched on Scale AI’s meritocratic-based hiring process and how Julia thinks about backing diverse founders Timestamps (00:02) - Discussion about balancing work and family, and the start of the podcast conversation. (00:07) - Reflection on investing over $100 million in Marketplace and SAS companies, and insights into the Russian tech ecosystem in the early 2010s. (00:12) - Detailed discussion about the operational model and cultural philosophy at Insight Partners. (00:17) - Transition from Insight Partners to founding Village Lux, and the challenges faced during the COVID-19 pandemic. (00:22) - Discussion on the lessons learned from running Village Lux and transitioning to founding Pari Passu Ventures. (00:27) - Details on the setup of Paripasu Ventures and its unique investment approach through an SPV model. (00:32) - Discussion about the current venture capital environment, the importance of resilience in founders, and the impact of economic cycles on startup funding. (00:37) - Insights into how founders are adapting to the current economic environment and strategies for longer runway and fundraising. (00:42) - The philosophical and operational approach of Pari Passu Ventures, and the significance of supporting diverse founders. (00:47) - Concluding remarks and final thoughts on the future of startups, AI influence on business, and the importance of diverse and merit-based funding approaches. Resources and LinksPari Passu Venture Partners: https://ppvp.com Julia's LinkedIn: https://www.linkedin.com/in/yuliyagudish/ Pari Passu community app: https://apps.apple.com/us/app/paripassu-invest-with-top-vcs/id6451420779 Connect with UsFollow me on Twitter: https://www.twitter.com/steveglaveskiFollow me on Instagram: https://instagram.com/thesteveglaveski Subscribe to my newsletter: https://futuresquared.xyz Our SponsorGet your free content strategy: https://sonicboom.vc Leave us a review! Timestamps Hosted on Acast. See acast.com/privacy for more information.