I had coffee with an ex student earlier in the week that reminded me yet again why startups burn through so many early VP's. And after 30 years of Venture investing we still have a hard time articulating why.

Here's one possible explanation – Job titles in a startup mean something different than titles in a large company.

You Can't Always Get What You Want
I hadn't seen Rajiv in the two years since he started his second company. He had raised a seed round and then a Series A from a name brand V...