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Agreed on all points, and thanks for weighing in from the VC side of the table.

For clarity's sake, I've sat on tremendously effective boards at the companies I have either run or had a senior role at, and I think there's incredible value to be had from a good VC relationship. The economic realities of raising can be frustrating, but it's a reflection on the industry rather than the individuals, I believe.

Early stage investment is just plain hard, and I think your point about the quantity of deals led is key.



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