The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

Quote · The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: $5BN in Revenue, 7 to 7,000 Employees in 9 Months, 206,000 Tests in a Single Day: The Craziest Story in Startups: Curative with Fred Turner

Explore episode Jul 18, 2026

If we get in a dollar, we gotta spend 85 cents paying. You have to. By law. If less than that goes out the door, we have to give it back. That drives completely the wrong incentive where actually from an insurance company standpoint, if your profit's capped at 15%, the only way to increase profits is to increase total spending.

Fred Turner

20VC: $5BN in Revenue, 7 to 7,000 Emplo…

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