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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
Long-Term Game Over Short-Term Gains
Winning in business should focus on long-term success rather than short-term profits. Silicon Valley has adopted a zero-sum mentality typical of banking, where every action results in a winner and a loser, largely driven by a profit-centric approach. Many venture capitalists prioritize immediate financial returns, creating capital inefficiencies that can ultimately harm startups. The business model of large venture banks emphasizes money deployment and velocity over sustainable returns, leading to practices that may not align with nurturing viable companies. A shift towards valuing long-term partnerships and company growth can ensure future opportunities, highlighting the importance of prioritizing values over quick financial wins.
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