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4min chapter
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
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Intro
This chapter critiques the venture capital model, comparing it to a Ponzi scheme and highlighting the profit motives of large firms. It advocates for a shift in perspective that positions founders as creative visionaries rather than just financial assets, while also introducing a new venture firm dedicated to supporting these entrepreneurs.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode