Cancer Capital: It sucks for founders, too!

So, we've been breaking down the way venture capital has evolved over the last two decades or so (spoilers: it got worse!), but a lot of that has been kind of theoretical. Now it's time for us to talk about how that impacts players in the real world, at a practical level. Let's take founders, the entrepreneurs who actually build companies and invent new technologies. Now, what I mean here are people who have a great idea for a product or a service, and who want to get it out to the world in order to make something amazing happen. (These days there's also a cohort of people who call themselves "founders", but who basically just identified a pile of money that they wanted to grab, and decided that they were willing to suck up to whatever investors they had to in order to get that pile of money. Let's file these horrid people away for later — we'll come back to them.) The deal for founders used to be pretty straightforward. You'd have an idea you were obsessed with, you would build it…