No kidding, I think we all forget the philanthropic mission of every VC out there. I think the primary problem is the insult of putting the VCs in the same clas

No kidding, I think we all forget the philanthropic mission of every VC out there. I think the primary problem is the insult of putting the VCs in the same class as the employees. I will agree that dividends should generally be used when the investors are able to invest the money better than the company can. eg. If an putting the cash into ops will generate a 6% return and investors are able to earn 8% then a dividend should be issued. If you can fill out your round, get cash and not have to dilute as a CEO why wouldn't you? That would be like a VC turning down free equity.