andreesen on vc’s

marc andreesen posted a long thoughtful piece on venture capitalists and their relationship to entrepreneurs. some of it is a bit of a 101 primer, but most was well balanced. looks like he plans to write a book on his blog with another 10 topics to come.

fred wilson seemed to mis understand marc’s comment about the downside of vc’s sometimes providing unsolicited help. sometimes i like to say that an entrepreneur has to protect his investors from themselves, meaning that there’s a reason vc’s dont run companies and its not *just* because they’ll make so much more money backing them.

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