The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid
16 Oct 2024
Full Episode
I think it's going to be one of the blog posts that is the most misused and actually causes a lot of the worst behavior in startups for a long time. OKR is another one. OKRs were built for manufacturing. We don't manufacture software. I think that raising money is like a big waste of time. So we try to raise money as infrequently as we possibly can with implied.
Angel investing actually, I think, is very distracting to founders.
Wow, this show packs a punch today, and such a joy to welcome Zach Paré to the hot seat. Zach is the co-founder and CEO at Plaid, where he's raised over $734 million from the likes of NEA, Spark, GV, KOTU, and Andreessen, to name a few.
He's also a co-founder of Mischief, an early-stage seed fund in San Francisco, and you can watch this full live episode from the studio on YouTube by searching for 20VC, that's 2-0-V-C. But before we dive in, I'd like to introduce you to one of my favorite brands, Atio. Atio is the next generation of CRM.
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