3 ms·I'm happy for all VCs that lost money. Ivy college x drop out got them good.by techsin101 8y agoI'm happy for all VCs that lost money. Ivy college x drop out got them good.gaius 8y agoThe VCs didn’t lose any money, they lost money entrusted to them to manage.jacquesm 8y agoSome of them lost their own money, some of them lost their LPs money, but given the fact that they failed the DD I would not be surprised if those LPs have a claim on the managing partners.