Social Commentary - Friday, March 28, 2008 8:09 - 1 Comment

This Just In - You Work While VCs Go Skiing

From Fred Wilson: I Had A Great Day Yesterday

You can almost hear the “ne ner ne ner ne ner” from Fred as he describes his day of fun skiing (at a rate of $400 per person - a paltry sum to be sure) with his kids while a bunch of stuff got done.  There are a few take aways from this for would be venture seekers:

1. You don’t need a VC to get stuff done
2. VCs exploit companies and non-VC employees to fund their lifestyle
3. You probably won’t ever get to go cat skiing, but you can bask in the glow of people who do, like VCs
4. VCs will take credit for the work you do

The subtle arrogance of this post is far beyond anything I have ever, ever read from Fred.  Maybe he just doesn’t realize that the rest of the world doesn’t live in bajillion dollar townhomes, and vacations with their family on a $1600 per day burn rate, but this one really cheesed me off.