You often refer to something called "VC-istan". That name implies that the VCs have some sort of scam going on where founders/employees are the victims. Am I correct?
The name itself doesn't imply anything negative. "-stan" just means country. I could just as easily have called it "VC-land" but that sounds light.
Of course, my view of the existing VC-istan is negative-- and the culture of co-funding and note-sharing is both unethical and illegal-- but there could be a good VC-istan.