E981: Roy Bahat, Head of Bloomberg Beta, shares the myths of venture capital, the great value of founders turned investors, why VCs reject startups, searing insights on fundraising & valuations, and predictions on the future of enterprise, AI, work & auto

1:00 Jason Demant intros Roy Bahat 3:14 Roy's thoughts on raising venture capital 4:14 Debunking the myth of pitching VCs 9:24 Two questions VCs ask themselves after hearing a pitch, and how founders can apply them 15:33 The startup paradox 18:04 Does Bloomberg Beta keep up with companies they passed on? 19:51 Selection bias in Silicon Valley 25:32 Why Angel $ from venture-backed founders is so valuable 28:30 Top reasons Roy rejects companies 31:38 Importance of trust founder-investor relationships 34:41 How Roy thinks about valuation & pricing 40:13 Understanding how investors make money 44:18 Roy's thoughts on pitch decks 47:45 How to tell if a VC is interested based on emails 49:40 Pre-qualifying VCs based on your business 51:04 Importance of Founders taking secondary 54:00 How does Roy process upside? 55:40 Roy's views on the future of work regarding creatives 1:01:10 Difficulty of raising different rounds 1:02:00 Investment thesis of Bloomberg Beta 1:05:50 Dealing with rejection from VCs 1:07:40 Raising children in the technological age