Unnecessary apostrophe is unnecessary.
Another possibility is that it's a contraction for "VC has," referring to the entire category of venture capital. This is less likely given that it destroys the parallel structure.
EDIT: Oops, somehow I misread apostrophe as comma.
- "VCs Got It Wrong" means: many (plural) VCs got something wrong
- "VC's Got It Wrong" means: a "Got It Wrong" that belongs to a VC