"Partner's Self-Introduction at a16z: The Boutique VC is Dead, Scaling Up is the Endgame for VC" (Author Erik Torenberg, translated by Deep潮) The primary goal of today's venture capital firms is to create the best interfaces that help founders succeed. Everything else—how to staff, how to deploy capital, how large to raise funds, how to assist in closing deals, and how to allocate power to founders—is a derivative of this. The paradigm shift lies in the fact that the ability to win deals is becoming just as important—if not more so—than selecting the right companies. There's an old joke in the venture capital world: VCs believe every product can be improved, every great technology can be scaled, and every industry can be disrupted—except their own industry. Read more: