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Date	Provider	Score	Summary
20 Aug 2026, 5:48 AM	TechCrunch	4.5	Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’ Travis Kalanick, now raising mega-rounds for his robotics company Atoms ($1.7B led by Andreessen Horowitz), told David Senra's podcast that only 10% of VCs 'do no harm' and just 1% are genuinely helpful, advising founders not to take Benchmark's money due to his 2017 ouster. He framed the founder-VC relationship as a chess master dealing with a chess enthusiast who drops in occasionally. Why: For founders evaluating term sheets, Kalanick's framing reinforces a concrete heuristic: treat VC money as capital with strings attached, and diligence the specific partner—not the fund—for operational depth. Malaysian founders raising from regional or global VCs should pressure-test whether a partner can actually contribute beyond capital, since Kalanick's '1% helpful' claim suggests most won't. venture-capital fundraising founder-relations

Date

Provider

Score

Summary

20 Aug 2026, 5:48 AM

TechCrunch

4.5

Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’

Travis Kalanick, now raising mega-rounds for his robotics company Atoms ($1.7B led by Andreessen Horowitz), told David Senra's podcast that only 10% of VCs 'do no harm' and just 1% are genuinely helpful, advising founders not to take Benchmark's money due to his 2017 ouster. He framed the founder-VC relationship as a chess master dealing with a chess enthusiast who drops in occasionally.

Why: For founders evaluating term sheets, Kalanick's framing reinforces a concrete heuristic: treat VC money as capital with strings attached, and diligence the specific partner—not the fund—for operational depth. Malaysian founders raising from regional or global VCs should pressure-test whether a partner can actually contribute beyond capital, since Kalanick's '1% helpful' claim suggests most won't.