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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Investing Lessons from FC Seeding Uber, Airtable and Coupang | Why Pro Rata is the Original Sin in VC | Why Liquidity Has Died in 2024 | Why LPs are Pissed with VCs | The Hard Truth About Seed Fund Economics with David Frankel @ Founder Collective

2799.917 - 2819.591 David Frankel

This is really, really problematic. Now, is the recording industry going away? Is Spotify going? None of them are going away. In fact, in some way, the biggest threat is if Spotify does this with their incredible distribution, you've really got an interesting competition on your hand. But the incumbents don't go away, but their share of the market can change dramatically.

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