Bonus Episode: GTMfund Hires a New Partner!
The GTMnow Podcast · 2026-03-23 · 22 min
Episode notes
Jason Demant just joined GTMfund as Partner, Head of Networks after 6 years at Foundation Capital where he reviewed over 1,000 emerging manager funds and invested in 100+.In this episode, Max (GP), Paul (GP), and Jason break down what separates the VC firms that survive from the ones that quietly die, why the best founders today are skipping mega funds at pre-seed, and what LPs are excited in about emerging managers.What we cover: The real reason raising from mega funds at pre-seed can backfire Why less than 10% of VC firms ever make it to Fund 3 What makes an emerging manager fundable (sourcing, founder support, durability) The media flywheel that gives certain funds an unfair advantage How LPs should think about mega funds vs. emerging platforms (the barbell approach) Why founders are the ones now choosing their investors, not the other way around