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
Harry Stebbings
You'll only get paid if you deliver a three-to-one LTV to CAC. And if you don't, you owe me back all the money. I would have zero people outside my door, I think. Maybe, or maybe you'd have some of the best. But they don't need to do that. Why would I need to? Sequoia don't need to do that. Benchmark don't need to do that.
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