The invisible hand of the market only works when there is a market. If you learn anything about the way VCs work, you'll know that it's a less a market and more

The invisible hand of the market only works when there is a market. If you learn anything about the way VCs work, you'll know that it's a less a market and more a good old boys network. There is a ton of collusion. It's a lot more like a market would be without anti-trust protections. I said "if it consigned the startup to failure" because the entrepreneur in question seemed to feel that way, and the writer seemed to not disagree. My sense is that the VC did disagree.