{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63d3ad1a963ae60011f9ff7f/63d3ad20b1fb4d0011ef2501?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The Truth About Venture Capital (Why 95% of Startups Shouldn't Bother)","description":"<p>What is the truth about venture capital? For most founders, it's that you shouldn't even try to get it. This conversation with Silicon Valley veteran Greg Zen explains why 95% of startups shouldn't bother chasing VC funding, reminding founders that less than 5% of companies actually receive it. This is a must-watch for any entrepreneur debating whether to bootstrap or raise money. We discuss the reality of startup accelerators like Y Combinator, the importance of finding your \"founder-fit\" before choosing a funding path, and the lessons learned from the dot-com bubble burst that are still relevant today.</p><p><br></p><p>----------------------------------------------------------------------------------------------------------------------------</p><p>📚 NETWORK BEFORE YOU NEED IT (6 LESSONS THAT MADE SEAN $15M)</p><p>----------------------------------------------------------------------------------------------------------------------------</p><p>▶ Get my eBook free - https://welivetobuild.com/network</p><p><br></p><p>-----------------------------------</p><p>📈 WORK WITH ME</p><p>-----------------------------------</p><p>▶ Buy 300 Lessons From 300 Founders: https://welivetobuild.com/300-lessons-ebook</p><p>▶ Book a Paid Advisory Session: https://welivetobuild.com/book-a-call</p><p>▶ Startup Fundraising: https://welivetobuild.com/fundraising</p><p>▶ Sponsor the Channel: https://www.welivetobuild.com/sponsorship</p><p><br></p><p>---------------------------------------------</p><p>👀 CONNECT WITH SEAN</p><p>---------------------------------------------</p><p>▶ LinkedIn: https://linkedin.com/in/seanweisbrot</p><p>▶ Inquiries: welivetobuild@gmail.com</p><p><br></p><p>---------------------------</p><p>🕒 CHAPTERS</p><p>---------------------------</p><p>00:00 - The Brutal Truth About Venture Capital</p><p>13:13 - Pre-Internet: How Deals Were Made Without VCs</p><p>28:04 - How the Dot-Com Burst Changed Startup Funding</p><p>31:50 - Are Startup Accelerators (Like Y Combinator) Worth It?</p><p>39:40 - Why 95% of Startups Will Never Get VC Funding</p><p>42:51 - Finding Your \"Founder-Fit\" vs. Chasing Unicorns</p><p>47:40 - Greg's #1 Piece of Advice for Founders</p>","author_name":"Sean Weisbrot"}