Venture Capital and the Private Markets in 2025

Playback speed

1×

Subtitles

Share post

Share post at current time

Share from 0:00

0:00

/

33:16

Transcript

0:01

SPEAKER 2

We are connecting. Give people a second to get the email and come in. Great. Hey, everybody. Excited for this. We're participating in a Substacks Finance Summit. We get to give the private market take. Oh, now we're live. We're coming on. Great. Welcome, everybody. I see people joining. This is... new experiment for me.

0:34

I'm Eric Newcomer, the host of Newcomer, the author of The Substack. I write about startups and venture capital. I'm here with Sequoia's Andrew Reid, here to talk about the private markets. Andrew's on the board of Klarna, Figma, a bunch of companies that are interesting right now while you've been at Sequoia since 2014. Say hello to everybody, Andrew.

1:03

SPEAKER 1

Hi, everybody. Eric, thank you for having me. I'm also a proud paid subscriber of Newcomer. Not that that's going to give me any special treatment in the questions, I presume.

Venture Capital and the Private Markets in 2025

A recording from Eric Newcomer's live video

and

Jan 31, 2025

Just wrapped up a 30-minute conversation with Sequoia’s Andrew Reed.

We talked about what the DeepSeek drama means for private tech startups, his view on forever-private startups, the rise of venture capital megafunds, and some lessons from his time at Sequoia.

Andrew Reed is a Partner at Sequoia Capital. He is on the boards of Figma, Klarna, Bolt, Vanta, Strava, Harmonic, and Warp, among others, and led investments in Phantom, Odoo, and Zapier. Reed was previously involved with Sequoia's investments in Robinhood, Loom, and GitHub. He joined Sequoia in 2014 and is interested in creative products, developer tools and networks, cryptocurrency projects, and global internet companies.

Give it a watch!

Join me for my next live video in the app.

Available for iOS and Android

Discussion about this video

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts

1:03

SPEAKER 1

Hi, everybody. Eric, thank you for having me. I'm also a proud paid subscriber of Newcomer. Not that that's going to give me any special treatment in the questions, I presume.