Board Members are "Quiet Quitting" | Is T2D3 Dead?
The article argues that VCs are "quiet quitting" their board roles at slower-growth, non-AI companies as they shift focus to higher-growth AI startups and portfolio companies targeting $100M revenue in ~3 years, abandoning the T2D3 (triple-triple-double-double) growth model as outdated. VCs reduce value-add activities like introductions, engaged questioning, and strategic support while subtly pushing portfolio companies toward M&A exits to recover capital. Founders of slower-growth companies should prepare for reduced investor support, focus on building cash-flow-positive businesses, and maintain professional board relations while independently pursuing strategic pivots.
Metrics in this report
300percent
Growth rates cited for AI-native portfolio companies at scale, contrasted with 20% growth in legacy SaaS
30percent
Threshold below which VC-backed non-AI SaaS companies are considered uninteresting to growth-focused investors in 2025
1M to 3M to 9Mrevenue progression (USD)
Historical VC gold standard now considered outdated; replaced by 1M to 15M to 100M target
100million USD
target
New VC investment thesis requiring portfolio companies to reach this revenue within ~3 years to be considered high-potential outliers