[HNNoLikey]

> Most of them have never built a company before and have no clue what it takes to really build a successful startup (sorry, just because you sit on a board doesn't mean you understand the hard work, tears, daily ups and downs, personal sacrifice it takes to build a business)....

Couldn't agree more with you. There is one VC who echoes these very sentiments. Vinod Khosla never hires someone in his firm (especially those that sit on startups' boards) if they have not been entrepreneurs. When he does hire non-entrepreneurs, they don't sit on boards and within 2-3 years they're expected to go out there and do/join a start up before they can be allowed back at KV.

His logic being that, one cannot truly empathize with what an entrepreneur is going through without having started a business of their own or being at a start up during its infancy.