After reading Andreessen's blog about the extra money that VCs have because of large endowments' asset allocation, it appears that VC money is less expensive th

After reading Andreessen's blog about the extra money that VCs have because of large endowments' asset allocation, it appears that VC money is less expensive than it used to be. Ron Conway will just have to live with the fact that his services, and those of VCs, are worth less in this new world than they used to be. It's not a "cash bonus for going with that VC...a payoff or a bribe...I think payoff is a great word for it.", it is a sound (albeit possibly locally optimized) financial decision.