Before we get started, I acknowledge that... • Not all VCs are universally liked; • They sacrifice less than founders and are often overpaid; • Only 3% of VC Partners generate >3x in their careers, but almost all of them get rich no matter what; • There is not nearly enough diversity in the VC business; It’s even worse than the already-bad tech industry; • A lot of VCs would not succeed if they had to run a startup.
Inside the Black Box of Venture Capital Page 2 Page 4