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

2804.798 - 2823.23 Harry Stebbings

Maybe we've been a part of the problem, bluntly 20 VC, but like you've got a generation of founders that's just taught you have an idea, you raise money. It's not you have an idea, you build products, you get customers. It's you have an idea, you raise money. That is the chosen path. Do you agree that that is just the perception now with a generation that is so used to that as the dominant wisdom?