startupbug.com - Why VCs Should Take Their Own Advice http://www.startupbug.com/startup-news-and-stories/why-vcs-should-take-their-own-advice/ The way venture capital firms are structured makes it almost impossible for outsiders to see what’s really going on inside those 1970s lodge-like Sand Hill Road offices. A firm is nothing more than a collection of partnerships around certain funds that run for ten years or more. So if a partner gets fired? Well, he or she is still technically a partner in an earlier fund, so firms don’t really hav... Mon, 25 Jan 2010 00:23:59 CST en