Paul GrahamVerified account

Startups once went public about 6-7 years from founding, now 10-12 years. 2/3rds of all VC went to rounds $100M or larger Good for private investors: institutions, fam office Bad for normal people who wanted to participate in tech financial gains http://www.startuplessonslearned.com/2019/05/a-conversation-with-scott-kupor-of.html …

Founders presumably wouldn't like it, and the days when VCs had the upper hand over founders about this sort of thing are long gone.