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

20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

232.452 - 251.236 Zach Perret

So for those that aren't aware, in 2020, we signed paperwork to sell the company to Visa. In the intervening period, the regulators in the US had investigated it to ask the question, was Visa a monopolist? And was this a kind of monopoly-creating transaction? And the amazing opportunity we had within the business was we'd grown quite massively from 2020 to 2021.

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