20VC: Why Large Seed Rounds Increase the Chances of Success | When to Sell in Venture | Why Multi-Stage Firms Do Not Do The Work | Is Europe Totally F****** and Why AI Means London Can Compete with the US with Hussein Kanji

1642.22 - 1660.552 Hussein Kanji

Sometimes when those calls are being made, it's not the series A guys or the multi-stage funds that are doing the work. There used to be a time where you wrote the check as the seed firm, then the big boys came in, you exited politely. And the big boys ran the business and they did the board stuff. They did the hiring, firing. If things had to happen, they did the acquisitions.