The venture capital model of the last two decades, characterized by the "30-minute rule" and the race to a quick IPO, is obsolete.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. Highlights 01:05 Why 30 Firms Control the Market 09:49 "Stay Private Forever" & The Secondary Market 19:51 Geopolitics, Supply Chains, & Defense Tech 30:30 Hedge Fund Tourists & Founder-Led VCs 37:11 The Death of the "30-Minute Rule" 47:35 Beyond "Silicon Hills" Guest Links Andrew Romans: LinkedIn , X 7BC Venture Capital Fireside with a VC: Apple , Spotify, YouTube ------------------- Austin Next Links: Website , X/Twitter , YouTube , LinkedIn Ecosystem Metacognition Substack
