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
So the investors got nothing and the founders got really big retention packages. I think there was probably an opportunity for the founders to push back. Look, it did not end up moving the needle for us. And so I generally move on from these things pretty quickly. I think it could have been handled differently. And I won't forget it.
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