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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

1311.421 - 1332.015 Nick Chirls

I think there's always another LP to replace those folks, even if they go away. I think they are big enough brands. There's enough money globally. Maybe a couple of them will go away, right? Lehman and Bear Stearns went bankrupt or got swallowed up by the others. But the big folks, the Goldman equivalents, Morgan Stanley equivalents, I won't name specific names.

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