The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital
Harry Stebbings
One thing I find challenging is it is very difficult to win great companies when you are optimizing for performance and your competitor is optimizing for deployment. That's true. And we've lost two deals in 24 months where literally they trebled the price and went to common stock. Yeah. And I'm like to the founder, you should take it. It's free money.
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