Travis Kalanick: Only 10% of VCs Do No Harm, 1% Are Helpful
mon__lim · x · 2026-08-17
In a podcast interview, Uber founder Travis Kalanick criticizes the VC industry, saying only 10% of VCs manage to 'do no harm' and only 1% are truly helpful. He compares great founders to chess grandmasters and VCs to enthusiasts who check in quarterly yet offer unsolicited advice. He uses the Serengeti analogy: a lion will take down a limping antelope even if not hungry, reflecting VC nature.
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