And for the love of god, spare us the glazing famous VCs by name in order to elevate your status by association as friend of or investee of said famous VC. I know it's not intentional but let me assure you, no smart reader fails to notice the sad insecurity of such replies.

Occasionally, a brilliant insight or key intro, great. But good employees deliver that weekly. Rarely does the fate of the company pivot on it. Am I wrong, have I just been on bad boards? If I'm not wrong, then isn't the money mostly the thing, and "earning your place" BS?

I've been on a a lot of boards. Sometimes, VCs are a bit helpful. Rarely, beyond the money, do they contribute more than 25% of say, your VP of Marketing in a given year. That guy makes $500K, so ... $125K of value add. Peanuts compared to the investment capital.

Question for the founders re: DayOne/Valar discourse. Claimed: VCs ought to "earn" their future pro-rata. Set aside whether one should follow the docs or "customary practice" Is this your experience, that you are getting a lot more than $? $ aren't 95% of what u get?