[timparsa]

That's very interesting. I did not know that was the case.

I've thought about how the reasons VC is so important can be ranked:

1. Validation is antidote to founder burnout 2. Collaboration improves iteration. 3. Money covers founder and startup expenses.

The money isn't the most important thing in my experience.

I think there's a big opportunity to shift the validation/collaboration to early stages and for more founders and the result will be more and better and bolder startups.

I'm pretty sure there's a giant unlock connecting founder vision, community, and VC.