Basu Trivedi: Making VC decisions via internal politics is a terrible practice
Nikhil Basu Trivedi · Nikhil Basu Trivedi: Why 99% of AI Investments Will Go Bust | E1057 · 20VC with Harry Stebbings · Sep 6, 2023 · at 35:24
Nikhil Basu Trivedi, co-founder and General Partner at Footwork, discusses structural dysfunctions and internal political selling within venture capital partnerships.
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“Look, I think there are partnerships where decisions are made based on the ability of individuals to sell internally, and so there's some folks that are just naturally more gifted to sell the deal to their partners, and there's political points back and forth on, you know, the voting system. And I think that's a terrible way to make decisions.”
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