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
At Lehman Brothers in 2007, every single thing that happened there was someone won, someone lost. Why has it become that? I think there is, there's more money. There's money in this. And I think it's become all about the money. I think winning has become all about the money. I think there's many VCs that are playing a short-term game to maximize profit in the short term.
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