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
Harry Stebbings
But actually, those provisions exist for a reason, which is because in harder times, being able to get back 1x, not 0.2x, actually across several companies, which is often the case, makes a big difference. It can make a half turn on a fund.
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