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Actually most VCs are nowhere near what you would think of as "rich" ... they just have use of fancy offices paid for by the fund, lease a fancy car paid for by
by NSX2 19y ago
Actually most VCs are nowhere near what you would think of as "rich" ... they just have use of fancy offices paid for by the fund, lease a fancy car paid for by their 2-300k saleries, etc. - it's designed to give anybody talking to them the impression that "they don't need you" and you're lucky to be breathing the same air they are.
On the other hand I've formed some friendships with a few high placed people in a large company here and there, and they assure me that pretensions aside, VCs usually spend most of their time calling contacts in the corporate world begging for deal flow.
Most VC is just bluff.