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

2714.588 - 2738.679 Nick Chirls

How are VCs and founders misaligned in your eyes? I mean, I can speak for what I view as the median in venture. And certainly, I think you see this in the big AUM firms. I think there are many companies in the market that could get to where they're going and win with significantly less money. And what that means is that the founders and the early investors own a lot more of that company.