A Common Mistake: Treating VC money as Your Own - Heidi Roizen (Draper Fisher Jurvetson)

Summary: Roizen thinks that one of the biggest mistakes companies made in their hayday was considering VC money as their own. Entrepreneurs forgot they had to pay back their investments. If there is any value that gets created as a result of the entrepreneurs sweat and VC money, she says, then the VC's get the money back first.