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

2363.242 - 2387.693 Nick Chirls

I've made founder bets, right? But the founder, those founders will often do a really good job of explaining it in simple terms. So I think if you really don't understand it, if you really can't understand it, in some ways, like it's the founder's job to explain it in really simple terms. If they can't do it, even for really technical things, like we've invested in some bio companies and others.