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 & automation @ LAUNCH Accelerator

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