I found this rather interesting and have definitely noticed a trend of prioritizing repeat founders. But just yesterday I spoke with someone who was concerned that they lack the motivation given their financial security.
Venture is inherently risky but it seems people are increasingly trying to de-risk it whether it be backing established managers, waiting for PMF, or only funding repeat founders.
Venture is inherently risky but it seems people are increasingly trying to de-risk it whether it be backing established managers, waiting for PMF, or only funding repeat founders.