That's only true if they're investing big time money - clearly the new breed of VC's (aka Super Angels) are going to be just fine with such small time exits. T

That's only true if they're investing big time money - clearly the new breed of VC's (aka Super Angels) are going to be just fine with such small time exits. The disgusting part is not that they don't want small exits, it's that they're so arrogant as to suggest that entrepreneurs who don't help feed their out-dated business model are somehow doing something wrong. It reminds me of the cable companies back in the day: "But have you seen internet video? It's horrible!"