VC funding is not investing, its speculation. VC money gets burned way faster than it gets pulled out. And generally they aren't looking to earn "actual profits

VC funding is not investing, its speculation. VC money gets burned way faster than it gets pulled out. And generally they aren't looking to earn "actual profits" in the sustainable long haul. Just to generate enough hype to increase valuation for subsequent rounds when they can take their gains by cashing out early on SecondMarket.