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
Nick Chirls
What is a better solution than Nick? A budget system? That's a really good question. I think a lot about how many VCs would be doing this if they had to actually pay back the management fees if they didn't make any money. Like how many VCs would be confident enough?
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