# The great startup reckoning event of 2023 and 2024, but why startups should now start going back on offense featuring Tom Loverro of IVP Page: https://stenobird.com/podcast/venture-unlocked-the-playbook-for-venture-capital-managers-2990261/the-great-startup-reckoning-event-of-2023-and-2024-but-why-startups-should-now-start-going-back-on-offense-featuring-tom-loverro-of-ivp Text version: https://stenobird.com/podcast/venture-unlocked-the-playbook-for-venture-capital-managers-2990261/the-great-startup-reckoning-event-of-2023-and-2024-but-why-startups-should-now-start-going-back-on-offense-featuring-tom-loverro-of-ivp.md Podcast: [Venture Unlocked: The playbook for venture capital managers](https://stenobird.com/podcast/venture-unlocked-the-playbook-for-venture-capital-managers-2990261) Published: 2024-07-17T20:08:10+00:00 Episode link: https://ventureunlocked.substack.com/p/the-great-startup-reckoning-event Audio file: https://api.substack.com/feed/podcast/146710005/8c880d3c13e033668c8f35c24fd53ec1.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/venture-unlocked-the-playbook-for-venture-capital-managers-2990261/episodes/the-great-startup-reckoning-event-of-2023-and-2024-but-why-startups-should-now-start-going-back-on-offense-featuring-tom-loverro-of-ivp Duration seconds: 2156 ## Resource Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape. Tom Loverro, General Partner at IVP is our guest as part of our Venture Unlocked Shorts series intended to go deep on a single topic. We revisit Tom’s Twitter post from early 2023, which spoke to the market shift that was in motion and the difficulties start-ups would face in a capital-constrained market. Specifically, he spoke about 2024 as being a time of reckoning for many companies that were built with growth at all costs mentality. We went through that original post, and what’s transpired since then, including why it’s time for well-positioned startups to go on offense again. Tom brought a lot of interesting insights for founders and VCs alike, so we hope you enjoy the episode. About Tom Loverro: Tom Loverro is a General Partner at IVP in Menlo Park, California, where he focuses on investing in enterprise software and fintech companies. Since joining IVP in 2015, he has served as a Board Director or Observer for several companies, including Attentive, NerdWallet, Paper, Podium, Skydio, and TaxBit. He has also co-led investments in Amplitude, Datadog, GitHub, IEX, OnDeck, and Tanium. Prior to IVP, Tom was a Principal at RRE Ventures, focusing on early and mid-stage startups, and an Entrepreneur-in-Residence at Lightbank. He also served as Senior Director of Product Marketing at Drobo, Inc., and began his career as an Investment Banking Analyst at Goldman Sachs within the Technology, Media, and Telecommunications Group. Tom holds an MBA from the Kellogg School of Management at Northwestern University, with concentrations in Finance, Marketing, and Entrepreneurship & Innovation. He earned a BA in Political Science and History from Stanford Universi… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/venture-unlocked-the-playbook-for-venture-capital-managers-2990261/episodes/the-great-startup-reckoning-event-of-2023-and-2024-but-why-startups-should-now-start-going-back-on-offense-featuring-tom-loverro-of-ivp/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/venture-unlocked-the-playbook-for-venture-capital-managers-2990261/the-great-startup-reckoning-event-of-2023-and-2024-but-why-startups-should-now-start-going-back-on-offense-featuring-tom-loverro-of-ivp.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.