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
Harry Stebbings
I think there's a real under-discussed misalignment in venture when you have heavy returns in venture models. And what I mean by that is if I do seed A, B, or even I just do seed, but I have heavy reserves, the founder is not always incentivized to tell me just how bad everything is because they quite rightly want the follow-on check.
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