So, if I'm an LP in a VC firm how do I get my money back? Clipping dividend coupons like a retiree? If I wanted to do that I'd invest in dividend paying publi

So, if I'm an LP in a VC firm how do I get my money back? Clipping dividend coupons like a retiree? If I wanted to do that I'd invest in dividend paying public companies and bonds. I'm all ears, tell my why any sane LP would want to invest in VC right now. Much of the so-called returns VC's have experienced have been paper returns due to ever higher valuations placed on portfolio companies. But then when those companies get widespread scrutiny (which all going public really is) then you're luck to not lose more than 10%. So I'm paying VC asset management and performance fees for the privilege of losing money? I'm unclear how this is sustainable. I think this bubble has gone on for longer than the last one in part because there are fewer public companies and less hard-nosed scrutiny of these companies.