AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Chicken and the Sauce Chicken and Neck Problems of VCs
VCs are relatively small organizations that struggle with a massive productivity problem. The VC firms only invest in around 2-3% of the companies that they touch on. So theoretically, there is a 97% of waste that's actually off time there. Same for a bank with credit analysis. You're trying to do credit analysis but you're trying to solve with humans. And that's a shame. We can indeed get to a situation where people can raise much quicker and without all the frustrations that current system has.