2min chapter

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

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

CHAPTER

Launching Asylum: A New Venture Capital Mission

This chapter explores the founding of the venture capital firm Asylum, as the speaker reflects on their journey from a traditional financial institution to a firm focused on creativity and startup support. It discusses the need for an alternative to the transactional nature of larger VC firms, emphasizing a mission that prioritizes innovation.

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