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
Push back again. Track's a lagging indicator. There's a lot of firms that got lucky on a couple of deals. Go forward. They're not aspirational capital. They don't have really different ways to find great entrepreneurs and they can't win. I think track's a bit of a lazy way to do it. Yeah. So maybe over multiple funds. You need to pay teams. You need to pay for offices.
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