venture and tech
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 22, 2026 by Jason Lemkin · across every show →
Everything said about venture and tech, oldest first
Jan 22, 2026 negative
Lemkin: Venture Capital Operates Like a Scam Converting Unearned Multiples to Cash
“In some ways, I feel like venture and tech is a bit of a scam. Our job is to convert Very high revenue multiples into cash almost unnaturally. Through M&A, through public offerings, when they haven't earned it in free cash flow.”