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

2533.106 - 2554.222 Nick Chirls

Yeah, let me say one more thing on VC value add. And it's related to that question. And I think that there's different ways to define it. What I don't think moves the needle is services. I don't think that services, a business development team, a recruiter, et cetera, are actually going to be the difference between success, failure, or company. Now, I do believe that there is value.