[jariel]

You're basically saying hat the VC's have too much comp, and are not handing enough to the FAANGers.

Also - the weird tone about VC's 'enriching themselves' ... when that is 99% of the objective of most employees? People would not work at FAANGS for 1/4 the salary. The money is a 'big deal'.

The power imbalance is probably not the issue. VC's are comped somewhere in the ballpark of 'correct'.

There are zillions of new VC firms every year, capital is cheap - and most of them fail. It is actually competitive.

If there's a systematic bias, it's the immense power of the FAANGS and their ability to hold on to top talent and not always putting them to very good use.