16min chapter

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

CHAPTER

Navigating the Second-Time Founder Advantage in Fundraising

Exploring the benefits of being a second-time founder who has returned capital, from easier fundraising and team selection to avoiding common mistakes and choosing the right VCs. The chapter highlights the founder's journey with VCs, decision-making dilemmas with excess capital, and the importance of agility in startup pursuits. It also delves into the psychological impact of failure, financial security in entrepreneurship, and the dynamics of investor relationships in the venture capital world.

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