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by locklock 2711 days ago
It's a testament to the propaganda that VCs set up in the last ~20 years that this is even a newsworthy article. Since the first dotcom boom, basically, the popular idea of a startup has been synonymous with taking venture capital and then building your business based on making the VC firm fabulously wealthy in the relatively near term. Of course there are a million other ways to build a successful business, but for a while this was the predominant one in the startup world. I'm glad it's changing.