INSIDER EXCLUSIVE: 2024 KAUFFMAN FUND RETURNER INDEX, POWERED BY KAUFFMAN FELLOWS

In a discussion about venture capital, participants emphasize the importance of collaboration within networks to support companies that may not achieve unicorn status but still become successful. They highlight the value of disciplined entry pricing and the role of human psychology in investment decisions. The conversation touches on the challenges of maintaining price discipline and the long timelines involved in venture capital. The Kauffman Fellows program is mentioned as a community that supports venture capitalists in achieving excellence by consistently investing in category-defining startups. The discussion also explores the impact of AI on the industry, suggesting that while AI can enhance data-driven investing, human connection remains crucial in early-stage ventures. The future of the industry is seen as a turning point, with a focus on the application layer of technologies. The conversation concludes with reflections on the industry's evolution and the need for a return to a more personal, Silicon Valley-type culture.