> The VCs are the ones that have been pouring cash into these companies so they can blow it on obscenely expensive parties and offices. I think they're just try

> The VCs are the ones that have been pouring cash into these companies so they can blow it on obscenely expensive parties and offices. I think they're just trying to deflect criticism away from themselves and onto the startups. No VC will ever say they invested in a company "so they can blow it". They invest so the company can spend on marketing/distribution, product, etc. Not on just-for-fun items. I work in a startup and we keep ourselves in check. If we weren't managing our finances it would be our fault first. Mayyyybe blame the VC's indirectly for who they invested in.