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 my view is that if you're doing the hot five on 25s, the 10 on 30s, whatever, you've got to know that that's consensus. The market already believes what you believe. And you've got to really believe that one is going to be the winner against inevitably lots of competitors. that are doing the same thing because it's already well-known in consensus.
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