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Jason Lemkin

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  1. 20VC with Harry Stebbings1h 16m

    Jason Lemkin: Cold Email Tips; Why Only 15% of Founders Listen to their VCs | 20VC #954

    Jason Lemkin, Harry Stebbings

    Jason Lemkin outlines an exclusive inbound investment strategy for his SaaStr fund, which now targets minimum 10% ownership stakes while emphasizing founder communication quality as the primary deal filter. He details the strategic evolution of his Algolia investment, noting how an initial focus on valuation sensitivity limited his equity position despite the startup's hyper-growth validation against open-source competitors. Beyond specific deals, Lemkin critiques current VC practices, warning of "zombie" companies fueled by excessive pre-product-market fit capital and predicting significant fund churn as limited partners demand outperformance.