Roelof Botha: We would not be in the business if it were just writing checks. The entrepreneurs make it happen; they are the ones building the companies. But the board and VCs can roll up their sleeves, offer counsel, and assist as needed. They can be there for the entrepreneurs. We shouldn’t overstate the importance of that, but neither should we dismiss it.
Paul Graham: Just being backed by a big VC firm will help you open lots of doors. It will help considerably with your hiring.