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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

901.946 - 923.295 Nick Chirls

And the things that no one cares about yet are not 25 post, they're five or 10. That does not go away. I'll give you some examples. Like the way this works, right, is that I think the way that this basically works is like there's a new category that's defined by a company. Some VCs were in that company. The big firms then say, holy shit, we missed that company.

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