well said! đź‘Ź
also, I’ll add that I see a lot of people say things like “VCs all do/believe/behave like X”.
It’d be like saying “all python developers believe X”!
VC is just a capital/partnership structure. People organize those structures and deploy the tool of capital in vastly different ways with vastly different strategies. There are also different definitions of “success” based on what outcomes/timeframes are modeled for the specific risk/return goals. These are often closely coupled to fund size, but not exclusively.