Sure, I'm not saying that you don't provide value and you don't go to work every day. But remember, your business is much more about idea/team/market/execution arbitrage in a fairly illiquid environment than it is about doing the actual dirty work. VC is much more a meta-business than a "regular" business.
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Was simply explaining how we as a firm view our relationships with founders of other startups... I'm grateful for everything I have.
Sure, I'm not saying that you don't provide value and you don't go to work every day. But remember, your business is much more about idea/team/market/execution arbitrage in a fairly illiquid environment than it is about doing the actual dirty work. VC is much more a meta-business than a "regular" business.