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
Totally. Every single time a company gets acquired, there is a dance, right? Between how much goes to retention for the founders and how much goes to the cap table. Almost every time, unless it's like a true at scale company. And so you are hoping, relying on the founder to treat you well, to do the right thing. And founders many times, it goes both ways.
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