Terrence Rohan

David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112

David Tisch, Terrence Rohan, Harry Stebbings

Venture capitalists Terrence and David Tisch discuss their shared rejection of the "coach" model, arguing that seed investing relies on human instinct and relationship building rather than data-driven consensus or advisory intervention. They analyze a fragmented market where rising capital requirements and multi-stage firm expansion have shifted power toward founders, necessitating a strategy that prioritizes speed of conviction over rigid valuation metrics or follow-on commitments. Both investors conclude that despite technological advancements, the early-stage landscape will remain defined by the unpredictable power law of outliers and the enduring necessity of long-term founder trust.