Chapter
The Governance vs Advice Debate for Founders and VCs
28:04 - 34:27 (06:23)
The institutional incentives for VCs are to be pro-founder, so the idea of governance versus advice can be a problem. However, VCs could still have good governance without necessarily having a whole pro-founder model.
Clips
The co-founder of Initialized Capital shares his tips on how to do offsheet references, or finding references yourself, and talks about the diligence process in venture capital.
28:04 - 30:21 (02:16)
Summary
The co-founder of Initialized Capital shares his tips on how to do offsheet references, or finding references yourself, and talks about the diligence process in venture capital.
ChapterThe Governance vs Advice Debate for Founders and VCs
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The institutional incentives for VCs are always to be pro-founder, which can be problematic in terms of governance.
30:21 - 31:59 (01:38)
Summary
The institutional incentives for VCs are always to be pro-founder, which can be problematic in terms of governance. The rush to put so much money to work has resulted in the elevation of people who don't have the knowledge and experience to do the job.
ChapterThe Governance vs Advice Debate for Founders and VCs
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
While some VCs try to add too much value to a startup, potentially creating negative value in the process, good VCs can still have influence in the form of advice instead of governance, allowing the founders to lead and make decisions.
31:59 - 34:27 (02:27)
Summary
While some VCs try to add too much value to a startup, potentially creating negative value in the process, good VCs can still have influence in the form of advice instead of governance, allowing the founders to lead and make decisions.