TickerTain
$SPCX····$NVDA····$MSFT····$GOOGL····$ANTHROPIC·$TSLA····$CRWV····$NBIS····$HIMS····$TSM····$ASML····$FIGURE·$LYFT····$UBER····$SNOW····$META····$ELEVENLABS·$CURSOR·$COGNITION·$OPENAI·$AAPL····$RKLB····$XAI·$AMZN····$AMD····$000660.KS····$INTC····
← newsroom
Venture Capital · Multi-stage Tier 1 firms historically dominate seed of power-law companies
now playing · Venture Capital
Venture Capitaltailwindscore 9/10romon
Multi-stage Tier 1 firms historically dominate seed of power-law companies
Data shows nearly all generational companies (Stripe, Airbnb, Databricks, etc.) had seed rounds led by multi-stage firms (Sequoia, a16z, Khosla, Index, Lightspeed), not seed specialists, be…
Venture Capitaltailwindscore 8/10romon
Sequoia, Benchmark, a16z win hyper-competitive rounds on brand and board density
These three firms consistently win bake-offs due to deep benches of operators-turned-investors with storied board reputations; founders optimize for board partner quality over terms, creati…
AI Bubble / Capex Debatemixedscore 8/10romon
AI companies growing 20x/15x/10x YoY break traditional multiple models
Unprecedented growth rates (20x → 15x → 10x YoY) make fair multiples indeterminate; while product-market fit signals are extreme, low predictability (application-layer obsolescence risk) me…
Private Marketstailwindscore 8/10romon
Companies staying private longer absorb $500M-$1B checks, enabling mega-fund scaling
A dozen private companies can now absorb $500M-$1B checks, allowing venture funds to scale to $5-12B AUM; these firms still outpace public comps on growth, but throttled liquidity (1-5% ten…