2min chapter

Acquired cover image

Benchmark Part I

Acquired

CHAPTER

The End of Venture Capital

After tv I, dave goes on to found august capital. The venture business is an intensely personal relationship business and it's not an industry that scales well He says he would never consider adding a value added service Companies should do that themselves bill gates wouldn't let me bring in outside pr people and marketing talent That's what founders do my view is that the ceo ultimately is responsible and accountable for everything They are the ones who make the decisions the vc's are there to support and be steady Oh, I love that. So man, it's so funny even in the 90s, you know We joke about the original silicon valley history of there were like 10 people and everybody knew each

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode