20VC x SaaStr This Week: Why Most VCs Need to Step Aside, What’s Really Defensible Today, and How to Actually Attach to AI Revenue
Published: November 15, 2025
Duration: 2:24
We’re back! Harry, Rory and Jason!
The venture capital playbook is broken. Not bent — broken. In the latest 20VC x SaaStr episode, Harry Stebbings, Jason Lemkin, and Rory O’Driscoll dissect why even Sequoia is making dramatic leadership changes, why seed investing at $50M pre-money might not work anymore, and what it actually takes to build venture returns in the age of AI.
This isn’t your typical venture conversation about “exciting trends.” This is three investors with $3+ billion in combined AUM telling you what’s actually working, what’s spectacularly failing, and why the old playbook...