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Surely it's a bad idea to found a company with the sole goal of landing a job as a VC.
Well, that article is a welcome dose of reality to anyone who (like me) has ever dreamed of being a venture capitalist. A lot of schmoozing, MBA-ing and dues-paying required before you ever really get to the point where you can make fun decisions. And even if you do become a partner in a firm, it's really only the top few firms which are really successful. Ultimately, why bother?
Also: what do you want to do, found something by yourself or support (and exploit to a degree) the people who found something?