Maybe a bit OT, but when I read articles like this, I look at the VC scene here in Europe and feel sad. It's hot here (amongst MBA types) to be able to say that

Maybe a bit OT, but when I read articles like this, I look at the VC scene here in Europe and feel sad. It's hot here (amongst MBA types) to be able to say that you're affiliated with a VC-, 'innovation-' or 'seed' fund (leaving aside that many of these are funded at least in part themselves by public money) but the sort of talking in this article is widely foreign to the type of people who typically get the reigns in such organizations. Over here, they don't see 'founders' as such; tech people or people who actually build things for customers are seen as commodities who just execute simple rote tasks and who are really just employees that don't need to be paid a salary until the point the company is bringing in money and then they get paid (x years times double or triple median salary). 'Liquidity event' for founders in an investment round? They'd look at you as if you had gone nuts if you proposed something like that over here. (again sorry for OT and the above may come from observation bias - I'm just bitter today I guess ;) )