3min chapter

20Angel cover image

20Angel: Andreas Klinger

20Angel

CHAPTER

How to Be a Good VC in a Recession

VCs might not be what you think because it comes down to the specific partner and there is sociopathic useless people in every big firm. No VC wants to be contrarian at least not if they have a big fund, he says. The good founders choose their investors so it's actually chosen by the asset fundraising ends up being this really big train station where everybody tries to see which train is leaving the station as late as possible but still early enough that they can get the full allocation.

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