[saberience]

Yes, and that's healthy. Any ecosystem of companies, people, animals has failures. As far as I can see, it works fine. Just like tech companies, some VCs do amazingly, some fail. We get new VCs starting each year just like tech companies, some succeed, some fail, there's no issue here.

[leashless]

Agreed. VCs are companies, start ups are companies, they've got very similar dynamics.

There's no magic anywhere in here.