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
There's a few in every fund that really matter, at least matter from a financial performance perspective. When they really matter, the common is exactly the same as the preferred, is exactly the same as the preferred to the series A. They're all worth the same. They get acquired or they go public. Those are the ones that really matter.
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