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
What's an ideal company for that model? It's a company that requires insane amounts of capital. Like the foundation models are like a big VC firm's dream. They literally require billions and billions of dollars to go pie effectively NVIDIA GPUs And that's a dream. And so I believe that the big venture firms, defense tech is great.
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