Also, Dan Shapiro did some of the math on his "VC Insanity, explained"[1]. On a side note, Fred Wilson has responded to this thread below[2,3,4,5]. [1] http:/

Also, Dan Shapiro did some of the math on his "VC Insanity, explained"[1]. On a side note, Fred Wilson has responded to this thread below[2,3,4,5]. [1] http://www.danshapiro.com/blog/2010/08/vc-insanity-economics/ http://www.danshapiro.com/blog/2010/08/vc-insanity-economics... [2] http://news.ycombinator.com/item?id=4828933 http://news.ycombinator.com/item?id=4828933 [3] http://news.ycombinator.com/item?id=4828936 http://news.ycombinator.com/item?id=4828936 [4] http://news.ycombinator.com/item?id=4828943 http://news.ycombinator.com/item?id=4828943 [5] http://news.ycombinator.com/item?id=4829128 http://news.ycombinator.com/item?id=4829128