How Startups Are Rewriting The Late-stage Playbook At Techcrunch Disrupt 2025

The rules of maturation person changed. At TechCrunch Disrupt 2025, happening October 27-29 astatine Moscone West successful San Francisco, 10,000+ startup and VC leaders will stitchery to research really founders are adapting successful a marketplace that looks thing for illustration it did 5 years ago. And connected October 27, connected nan premier manufacture shape Going Public, David George of Andreessen Horowitz will return nan mic for a fireside chat focused 1 of nan biggest questions facing founders today—how do you standard and win erstwhile nan aged rules nary longer apply?

What happens erstwhile your institution stays backstage longer?

Startups coming tin scope multibillion-dollar valuations, rate retired early employees, and enactment backstage acold longer than their predecessors. But those benefits travel pinch trade-offs. Late-stage founders now look a caller group of expectations astir superior efficiency, liquidity, and maturation strategy. This fireside chat pinch David George, wide partner astatine Andreessen Horowitz, will unpack what it really takes to build enduring companies successful today’s VC landscape.

George leads nan Growth investing squad astatine a16z and has backed immoderate of nan astir iconic tech names of nan past decade, including Airbnb, Slack, Opendoor, and Uber. His penetration into really superior is deployed—from early rounds to late-stage backing and secondary markets—offers founders a uncommon look down nan curtain astatine what maturation investors are looking for now.

Why this speech matters now

With less IPOs, accrued scrutiny connected burn, and much superior staying backstage longer, today’s late-stage companies are navigating a wholly different group of incentives. This convention will research really nan IPO model is shifting, what domiciled secondaries play successful worker liquidity, and really startups tin group themselves up to upwind longer timelines while still moving toward large outcomes.

Don’t miss this speech pinch 1 of nan astir knowledgeable maturation investors successful nan game. Join 10,000 tech, startup, and VC leaders connected October 27 astatine nan Going Public Stage astatine Moscone West astatine TechCrunch Disrupt 2025. Secure your spot and prevention up to $675 earlier prices spell up.