Ep13: Is Early-Stage VC Broken? The Future with Jeff Becker - Antler

The startup funding game is changing fast, and so is the early-stage VC model. So… is it time for a reset?

In this episode of Startups Decoded, I sit down with Jeff Becker — investor, entrepreneur, and partner at Antler, the fastest-growing global VC firm, to unpack what’s really going on in early-stage venture capital.

We explore everything from the decline of the traditional fund model to the rise of rolling capital agreements, counter-cyclical strategies, and new ways of backing durable founders. Jeff shares lessons from his journey at LinkedIn through hyper-growth, his hands-on experience building startups, and Antler’s bold mission to launch 10,000 companies in the next decade.

We also dig into the “hidden years of inception”, how AI is reshaping go-to-market, why resilience is the ultimate founder trait, and how Antler is rewriting the global venture playbook — with community, culture, and capital all under one roof.

If you’re a founder or investor trying to make sense of today’s VC market, this one’s unmissable.

Jeff Becker

Jeffrey Becker is a venture investor, entrepreneur, and builder of businesses that scale. Starting his career valet parking and interning at startups, he honed his sales skills at Xerox before joining LinkedIn, where he played a role in its explosive growth—from 100M to 770M members, IPO to Microsoft acquisition, and $600M to $10B in revenue. Alongside, he co-founded a DTC brand that served 250,000 customers and partnered with Best Buy and Daymond John.

Since 2016, Jeffrey has focused on angel investing in companies driving health, wealth, and happiness. By 2018, he was mentoring at emerging funds, setting the stage for his career in VC. Now at Antler, he’s on a mission to help launch 10,000 companies in a decade, fueling the next generation of entrepreneurs and business leaders.

Chapters

• 00:00 Introduction to Early Stage Venture Capital
• 03:05 The Hidden Years of Inception
• 05:58 The Role of Founders in Early Stage Investing
• 08:50 Culture and Community in Startups
• 11:57 Resilience and Solution Orientation in Founders
• 15:07 The Dichotomy of Building: Fast vs. Durable
• 18:02 Navigating the AI Landscape in Venture Capital
• 25:19 Outsourcing and AI in Business Growth
• 29:01 Trends in Venture Capital and Founders' Perceptions
• 30:36 Counter-Cyclical Investment Strategies
• 34:12 Identifying Durable Founders and Their Vision
• 39:03 Follow-On Strategies and Rolling Capital in Early Stage Investing
• 48:13 Navigating the Antler Application Process

Music Credit: "Neptuno" - Phondupe (Album: Onykia)