{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Austin Next","title":"Is The Venture Capital Model Broken? | Andrew Romans, 7BC","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/ecc79fcc\"></iframe>","width":"100%","height":180,"duration":3109,"description":"The venture capital model of the last two decades, characterized by the \"30-minute rule\" and the race to a quick IPO, is obsolete. We are witnessing a fundamental decoupling of capital from geography and a restructuring of how liquidity is manufactured. In this episode, Andrew Romans of 7BC Venture Capital argues that we have entered a new era where geopolitical friction is forcing a renaissance in hard tech, hedge funds have permanently altered the growth stage, and the \"Series A\" playbook has been rewritten by the realities of a market where companies stay private indefinitely.Highlights01:05 Why 30 Firms Control the Market09:49 \"Stay Private Forever\" & The Secondary Market 19:51 Geopolitics, Supply Chains, & Defense Tech30:30 Hedge Fund Tourists & Founder-Led VCs37:11  The Death of the \"30-Minute Rule\" 47:35 Beyond \"Silicon Hills\" Guest LinksAndrew Romans: LinkedIn, X7BC Venture CapitalFireside with a VC: Apple, Spotify, YouTube","thumbnail_url":"https://img.transistorcdn.com/4HrZGXEGyTZvMSwVdOhUF-5lWCTZZWxkKyPeZJOEQTE/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8wODE0/YzJjMTNjM2YzZTM3/MzZmNmVhOTRkNjNl/MTQ5OC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}