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

3014.261 - 3034.358 Nick Chirls

I want to be aligned with the founder. I think there are many investors that are actually terrified to have even those conversations, which also, again, goes back to honest conversations and trust. My approach has always been, if I built trust with the founder, if they are choosing to sell shares in a round, I give them a call. Every situation, we're basically the first investor in the company.