Defending the Venture CapitalistsG. Michael Maddock and Raphael Louis Vitón
Every entrepreneur who took venture capital money during the past 40 years will tell you pretty much the same story: The VCs exerted far more control than expected, budgets were slashed, friends were fired from the payroll, and "they never really got our vision." Given those stories, you'd think that venture capitalists are the last thing the world needs to make innovation happen.
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