The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why VC is a Ponzi Scheme Today | Why Most VCs are Bankers | Why Big VCs Ruin Startups | Why Incentives in VC are Broken | Why American Dynamism is a Tool for VCs to Raise Money with Nick Chirls, Asylum Ventures
Nick Chirls
If you're doing really true early stage investing, I hate like, for example, like, okay, we see an idea. It's a pretty good idea. Our assumption now, it's a pretty good, well understood idea. Like the market will understand this. Our assumption now is there are at least 10 to 15 competitors to that company. Maybe we know a few.
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