[erikpukinskis]

This quote too:

We know after many, many years that your DNA is set in the first 60 to 90 days, and we want to be there to assist you to create some of the best DNA that Silicon Valley has ever seen.

There seems to be a pretty obvious undercurrent of "We want to invest in people who we can muscle around" there. I can't blame them. They're making lots of money, so it's working. And entrepreneurs are getting their payouts too.

But god help you if you have different goals than your VCs.

[michaelochurch]

They're making lots of money, so it's working.

VC firms are making lots of 2&20. Mostly 2. Performance for VC firms has been poor since 2001.