BoxGroup's David Tisch: concentration is BS, and Rogo was passed on by 39 of 40 VCs
20VC · rss · 2026-10-31
On 20VC, BoxGroup founder David Tisch (early in Cursor, Baseten, Clay; now two $275M funds) argues high ownership and concentration is BS, no manager actually wants to stay small, and competing with mega-platform VCs is a losing game. Other takes: founder dilution is at historic lows, the Lean Startup was "a fake," consumer seed investing no longer makes sense for venture, the now-$2B Rogo was passed on by 39 of 40 investors, and YC has the best business model in venture.
More from Companies & People
- Developer: I'm becoming the office jerk who tells everyone to use AI — facontidavide · 2026-10-31
- AGI House and Lenovo host Personal Agent real-world deployment Build Day — agihouse_org · 2026-10-31
- Reddit's foundation model team is hiring pretraining and scaling-laws researchers — minsuk_chang · 2026-10-31
- Scoble: Waymo riders quickly conclude they'll never buy a car again, urging automakers to partner or shrink — Scobleizer · 2026-10-31
- Leaker: Google prioritises iOS apps because most of its engineers use Apple devices — SumitGup · 2026-10-31
- Toyota and Waymo to launch bZ4X robotaxi pilot in Japan in 2027 — Scobleizer · 2026-10-31