When you become a parent, your risk profile changes immensely. I can hire some of the world’s best people tomorrow if i can promise them equal salary, benefits and retirement accounts for a set number of years. Plus the benefit of a large upside if it works. Most startups offer lower salaries and abysmal benefits. Security matters.

I still don’t get it. It sounds like the business plan is to fund companies so they can offer compelling employment. That’s great but that’s no different than any other VC.