3 ms·
"They used to claim their partners were all real founders. They gave that up a long time ago." no all the general partners are still founders who seem to have
by flylib 11y ago
"They used to claim their partners were all real founders. They gave that up a long time ago."
no all the general partners are still founders who seem to have an overwhelming stake in who they actually fund, granted they hide who the general partners are on their site, they use the term partner loosely as another word for associate
- austenallred 11y agoNo one is an associate anymore in VC, because founders learned that if you're an associate you're just a gatekeeper. So now everyone is a "partner."