90% of VCs add no value to startups, 70% even harm them.

Just the fact that you got an MBA and joined a venture fund doesn’t mean you can give useful advice to an entrepreneur

If you never built an actual business, you’re not qualified to give advice.

Vinod Khosla is the lead of Khosla Ventures and has invested in some of the worlds largest companies when they were young and in venture capital mode.

Here is the full interview: