This reporting SOMEHOW is both actually a fair evaulation of what the heck is happening with VCs (what they are, what the environment in their industry is like) while also being so entertaining that the 7 minutes fly by
Good reporting - informative, somewhat educational, some good points, some bad points, balanced viewpoints - already contains critique! Top journalism right there.
You do an incredible job with making it classic news, i feel like its 20 years ago and watching busines news with my dad all over again, thanks and please keep these investigative reports coming
They way you play with the frame, entering/exiting the shot, the cycling of locations. It reminds me of a Edgar Wright montage. You're blurred in the reaction shot to a blurred comment. I love it. All of it.
I love this channel. As someone who works in the Financial Services industry, I can sense the sarcasms and the jabs at what we do, and it’s all in good fun. I even get to learn more about it as a result. Subbed today!
I freakn love this new channel !! the reporter is behind the most random background streets waiting to be hit by a NY cab or bus or grub hub delivery .. and that trench coat ..
"And if you're the Patagonia store... They're probably inside of you right now!" - Comes across so fantastically as a body horror line from a film its just fantastic. Perhaps my most favourite line yet!
Love it, the only thing I wished you focused more on is how being the vibiest form of capital leads to the only startups being funded are those by other finance and tech bros and almost no one outside of that - regardless of the quality of the idea and startup.
Bro the originality, quality and comedy you bring to your videos is really appreciated. Not enough of it online, people love it when they come across it as it’s regrettably uncommon. ClimateTown a similar example. #notanAd
I saw a picture on Twitter recently of a group of about 5 or 6 finance guys who took a group pic of their lunch meeting. It was real funny because they were dressed almost exactly the same. Like the vest was a company mandated uniform piece
I work in a VC funded AI startup. Today marks year two. We have burned >$40 million and literally all we have to show for it is ~2000 lines of shitty python that doesn't work
Say cap rn because I have some code for detecting kinds of trash using imagenet that I got off of a persons google collab that is about the same amount of lines
>What do venture capitalists actually do? VCs invest the money [they don't own] of the people [they don't care about] into the startup companies [they know nothing about].
Honestly I think if we didn't have venture capitalists or investors or even money we still would have arrived at certain innovations, it just would have been at a more natural pace that didn't require grinding the majority of the population into the ground financially and literally, leaving so many innovations inaccessible to them anyway.
@@Shubhamgupta_ Visually it's just super nice, the ggb caught my eye and also the joke of the vest off in the clouds actually made me stop and laugh. Captivating I think would be a good word for it.
Venture Capital actually started as a tactic where large military contractor corporations like RAND (and a lot of aerospace companies) would find small companies that were making products that had potential military applications, investing in them, and then using their relationships with the government to secure the companies they invested in with huge military contracts. That inception is really important when analyzing venture capital even today. Theyre still closely tied.
Chamath is still doing it at this point for bragging rights, and to see how wealthy he can get, just because. His main focus is increasing his 'wealth compounding rate' YoY. Such an awe inspiring life purpose to have, these guys are great!
There's a whole lot of leg kicks and flying leg kicks showing up in your videos these days. However the "nada" flying leg kick in the Bed, Bath and Bankruptcy video remains my favorite.
The biggest secret in venture capital is that the best investment in a successful fund equals or outperforms the rest of the fund combined. - Peter Thiel
Talking VC with a trash mountain background at 0:12 . USA said to be first world country yet does not know how to deal with garbage, but surely does about VC. Fabulous. Btw, this is some on point journalism. Finally something serious. Nice discovery!
The Children of the Bay have a little known right of passage to initiate them into corporate life. A young prospective capitalist must venture into the Red Woods to capture and skin the sacred Allbird. Only then may they Enter the Ranks, and see their R.o.Is soar high into the sky, like a magnificent emerald vulture
I worked for a startup that paid the local news companies for stories/reports on how well they're doing, just to show investors that they're actually succeeding. The problem was the company was doing really bad and the CEO had no ides what he was doing, but the VCs never looked into how the company was doing because they had invested so much money into the company, that they turned a blind eye hoping they'd get a return on investment eventually. The start up world is very toxic, there's a lot of money to be made, but it's all just a house of cards waiting to fall.... especially if the CEO of the startup and VCs are in kahoots