# Venture Capital Is A Ponzi Scheme

Page: https://stenobird.com/podcast/traction-podcast-4487336/venture-capital-is-a-ponzi-scheme
Text version: https://stenobird.com/podcast/traction-podcast-4487336/venture-capital-is-a-ponzi-scheme.md
Podcast: [Traction Podcast](https://stenobird.com/podcast/traction-podcast-4487336)
Published: 2025-10-29T19:30:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/tractionfm/episodes/Venture-Capital-Is-A-Ponzi-Scheme-e3a7mvi
Audio file: https://anchor.fm/s/10adec898/podcast/play/110401970/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-9-29%2F410217234-44100-2-5ac4b1b1d925a.mp3
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JSON: https://stenobird.com/v1/public/podcasts/traction-podcast-4487336/episodes/venture-capital-is-a-ponzi-scheme
Duration seconds: 2781

## Resource

Building a startup is like jumping off a plane and assembling the parachute mid-air. In this episode, serial entrepreneur Lloyed Lobo and Melissa Kwan, CEO at eWebinar, break down the reality of scaling: the discipline constraints create, the myths founders chase, and why too many companies lose sight of customers in pursuit of hype. From the unicorn bubble to billion dollar collapses overnight, they explore how venture capital’s incentives shape companies, for better and for worse, and why great businesses come from customers, not inflated valuations. Lloyed Lobo: - LinkedIn: https://www.linkedin.com/in/lloyedlobo/ - Instagram: https://www.instagram.com/lloyedlobo/

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## Transcript

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