VCs aren't merely hoping for hypergrowth, their business model demands it. The results for any given VC fund are dominated by 1 to 3 hypergrowth companies. Ther

VCs aren't merely hoping for hypergrowth, their business model demands it. The results for any given VC fund are dominated by 1 to 3 hypergrowth companies. Therefore, hypergrowth companies should be their sole focus. You're right that consulting companies can be great businesses. A friend of mine sold a 5 year old consulting company for a good tens of millions last year. That's a stellar result for the founders. But few consulting companies are within a VC's "strike zone".