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

2085.629 - 2106.703 Nick Chirls

Been hard for me to convince founders to do anything else. I've had a similar experience in that, again, going back to the way I believe really true early stage venture has to be done, right? You need to find the things no one else cares about yet. Our largest outcomes, realized outcomes to date, have been a company called Bison Trails that was sold to Coinbase for a huge amount of money.