Demo Day Podcast
Demo Day Podcast
David Yi on Why VC is Dying
Is venture capital dead? According to VC David Yi, the answer is more complex than you think. In this eye-opening conversation with host Sean Goldfaden, David, a veteran founder and investor, reveals why the traditional VC model is "dying" and what will replace it.
David, the general partner of Ethos Fund, shares his incredible life journey—from his time in the Peace Corps to a life-altering car accident—that shaped his unique "third culture" investment philosophy. He explains how this approach helps him find and fund the most innovative entrepreneurs from Southeast Asia and beyond, all while challenging the norms of the venture capital world.
You'll discover:
- Why VC is kind of dead (and what David really means by that).
- The "liminal space" that creates truly innovative founders.
- How a near-death experience in a car accident shaped his career.
- The power of "meal theology" for building relationships in venture capital.
- The #1 red flag David sees in unteachable founders.
- Why American VCs are missing a huge opportunity in Southeast Asia.
- His advice for young people who want to become a VC partner.
Whether you're a founder seeking funding, a young professional hoping to break into the industry, or a seasoned investor looking for fresh perspectives, this conversation will challenge everything you thought you knew about venture capital.
About David Yi: David is the co-founder and General Partner at Ethos Fund, an early-stage VC firm investing in "third culture" founders from Southeast Asia and the US. He is a seasoned entrepreneur with a background in education, law, and international relations.
Connect with David:
- Website: https://www.ethosfund.vc/
- LinkedIn: https://www.linkedin.com/in/thedavidyi/
Connect with Sean:
- Website: https://www.coefficientlabs.com/
- LinkedIn: https://www.linkedin.com/in/sean-goldfaden/
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