I disagree with the premise that anger towards VCs isn't warranted. The author paints a picture of the VC as an innocent victim of changing times:<p>"VC doesn’t have a greater share of bad actors than the ecommerce or gaming sectors. Large-scale, software VC is simply a formerly great business in decline, and there are a lot of good, smart people who haven’t made in VC yet who are worried about their (and their families’) economic futures. It’s not evil — it’s their job and they may not feel they can switch."<p>Those poor VCs who have no other career options available to them, and must therefore resort to squeezing every last drop of blood from entrepreneurs who don't know any better.<p>I absolutely believe that there are some fantastic VCs out there, but anger against the industry is only natural when you've been screwed over like some of these companies have.
There are some good things in this post, but did anyone else get the impression that the author ran parts of it through a Markov Chain text generator to bulk it up?
The first thing anyone looking for venture capital needs to understand is that the primary objective of a VC company is to turn every dollar they invest into your idea into $10 over a 2 to 5 year time frame.<p>Once this fact is understood and understood well, then many of the emotional issues just sort of go away.