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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

297.261 - 318.661 Nick Chirls

$55 million fund. We write 500K to $2 million checks. My mission is personal. I started my first job at a college that Lehman Brothers in 2007. It went bankrupt. I joke that the only good day at Lehman Brothers was the day it went bankrupt. I found startups in New York shortly afterwards around the financial crisis, and it was everything that Wall Street wasn't.

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