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investment bankers

3 statements across 3 episodes · 0 bullish · 2 bearish · 3 people on the record · first statement Oct 25, 2021 by Will Shu · across every show →

Everything said about investment bankers, oldest first

Oct 25, 2021 neutral
Opinion
Will Shu: Investment bankers are only useful for driving competitive tension
“I think, look, at the end of the day, what is a banker good for? I think bankers are great for running processes. They're great for, you know, driving sort of competitive tension.”
Will Shu Oct 25, 2021 ▶ 23:54 20VC: Deliveroo Founder Will Shu on The IPO This Year, The Rise of Quick Commerce and The Fierce Competition with Uber Eats
Jun 12, 2025 negative
Insight
O'Driscoll: Bankers leverage information asymmetry against founders in IPOs
“A lot of the time, the biggest advantage the banker has is you do this once in your life, or maybe if you're a VC, 10 times, and a banker's doing it every week, and you have an informational asymmetry there”
Rory O'Driscoll Jun 12, 2025 ▶ 6:01 Elon’s Empire: SpaceX, Tesla, Neuralink After the Storm & Anduril’s $2.6BN Power Move · 20VC with Harry Stebbings
May 4, 2026 negative
Insight
Tobi Lütke: Investment bankers treat IPO companies as crop, not customers
“Now the advice comes from the investment bankers and you are not their customers. You, you're their crop. Their customers are actually the people in the book, right? Like, so their job is to get everyone in the book the cheapest possible deal.”
Tobi Lütke May 4, 2026 ▶ 13:22 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
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