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
Harry Stebbings
So I was talking to actually one of my partners on the investing team yesterday, and they were saying, but there's no defensibility in the company. And it's like a seed company. It's like two customers and 400k in revenue. There's no defensibility. I'm like, I don't really think any startup has defensibility on day one.
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