Do you know what a VC is? It stands for "Venture Capitalist" Those are the guys that invest the money into a startup. The VCs are the ones that are behind that "Series x" financing you may or may not know about. They drop the cash into the bank, let the company spend it, and expect to get it allllll back and then some someday. This is a post from a Boston-based VC, Jeff Bussgang.
http://bostonvcblog.typepad.com/vc/2007/04/soap_operas_and.html
Oh yeah, I worked with him too, when he wasn't a VC and we were both in a start-up together.
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