Smash Notes

What Kind of a Responsibility Does a VC Have for Its LPs

at 14:38

From the episode: Chamath Palihapitiya: People in Silicon Valley are deeply unhappy

Answer

A VC's job is to deliver return, for which they take money, hire competent people, and invest to achieve those return. It is not a VC's job to become anyone's slave and to continue working forever. You can retire any time you want.

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