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
Founders are relying on investors to do the right thing. So my view is if you are in situations where the founder is is doing the wrong thing, right? The legal agreements are not going to help you out. And you have actually made a bad investment decision at the very beginning to have worked with someone that won't do the right thing.
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