Real Alpha has cut 2 moments of Jason Lemkin (Founder & managing director, SaaStr Fund) talking, from an interview on 20VC published Oct 22, 2026.
What Jason Lemkin said
Strong growth no longer guarantees a venture term sheet
“You got to meet every VC. You got to meet 100. It is like the old days.”
Jason Lemkin4:01 High seed prices and smaller allocations can weaken seed returns
“the entry prices are so high and the ownership typically is lower unless the seed fund is very large”
Jason Lemkin8:25
The episode
20VCThe New VC Game | CoreWeave Sell-Off Creates Panic | Revenue Multiples Out of Control
Jason Lemkin & Rory O’Driscoll
0:48of 59:41 · Oct 22
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