“A couple months ago I got an email from a recruiter asking if I was interested in being a ‘technologist in residence’ at a new venture capital fund. I think the idea was to play Karl Rove to the VCs’ George Bush.
I considered it for about four seconds. Work for a VC fund? Ick.
One of my most vivid memories from our startup is going to visit Greylock, the famous Boston VCs.  They were the most arrogant people I’ve met in my life. And I’ve met a lot of arrogant people.
I’m not alone in feeling this way, of course. Even a VC friend of mine dislikes VCs. ‘Assholes,’ he says.
But lately I’ve been learning more about how the VC world works, and a few days ago it hit me that there’s a reason VCs are the way they are. It’s not so much that the business attracts jerks, or even that the power they wield corrupts them. The real problem is the way they’re paid.”
– I usually don’t Blog Blogs. No real reason for it, no matter of principle, it just seems to happen that way. I don’t know if you can call Paul Graham’s site a blog but it does have that feel. Here is a great post about why VC’s (Venture Capatilists) suck. It actually give a lot of insight into the VC world and is worth the read. -ed.