They are asking for (in most cases) millions of dollars to develop a likely unproven idea. They're asking for money that can potentially make the VCs very, ver

They are asking for (in most cases) millions of dollars to develop a likely unproven idea. They're asking for money that can potentially make the VCs very, very rich. Or at least make a good return on investment. The VCs are choosing to make that investment. They're not just being asked; they're answering in the affirmative, at which point they ought to be working in all parties' best interest. VC's are not in the business of coddling founders. I think you're making this guy's point. That is the problem. They should be in that business; they'd be helping themselves. Judging by the number of up-votes, I wonder how many VCs lurk here. They can't be PG fans, considering what PG has had to say about VCs: http://www.paulgraham.com/venturecapital.html http://www.paulgraham.com/venturecapital.html