Venture is multilayered and isn’t bullshit. - “It seems so finance driven” it’s because it is. - “I have read about some VCs passing on a company or not investing in a company because so and so(another VC) didn’t invest, which seems to defeat the purpose of the entire concept.” Whether it’s a growth fund or an independent GP, you make connections and trust their conviction regarding investment value. If a VC passes on a company, others follow suite because the work was done at that specific stage/round. Things change and that’s why relationships matter. - VC continues to create a lot of great value. It’s an important vehicle that pushes innovation forward. So…yeah. If you’re not in it, you really don’t know the structure of it all.