The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Postmates Founder Basti Lehmann on How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN, Why Great VCs Add No Value and VC Value Add is BS Marketing & Why The Biggest Companies in History Will be Born Today and Replace Incumbents

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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Lessons from a Second-Time Founder

This chapter explores the advantages of being a second-time founder, particularly in fundraising and team assembly, using personal anecdotes to illustrate the process. It emphasizes the balance between securing enough capital to innovate and avoiding complacency, alongside the significance of a testing mindset for evolving startups. Additionally, the discussion critiques the venture capital industry, advocating for a more original and supportive approach to foster genuine innovation.

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