It's a huge part of the tech landscape. If you're working for start-ups, you're an investor in start-ups, so you need to understand how the financing works. You

It's a huge part of the tech landscape. If you're working for start-ups, you're an investor in start-ups, so you need to understand how the financing works. You also need to understand what it means when your CEO says they're "almost definitely closing a round now, surely". Even if you're running a normal, non-VC tech company, understanding the motivations of VCs is very useful. The behaviour of other companies makes much more sense in light of this.