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While this is true and I think most VCs are idiots, there is a natural phenomenon of the internet which allows for exponential growth and which means that startup = growth is a very real thing. What VCs and a lot of startups try and do is fake the actual utility of a product through forced marketing and Glamour.

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Yea I actually think it's similar to something that happens with my 2 year-old. He thinks putting shoes on means we go outside. So when he wants to go outside, rather than saying "outside", he goes and gets his shoes.

The internet' scale allows great products to grow exponentially. A bunch of great software, sites, and tools took off and grew at a rapid rate. But we took the wrong lesson from this and thought "rapid growth=great product". So VCs have put growth above everything else, and are hoping they can figure out a product after, like a 2 year-old thinking that putting on his shoes will mean he gets to go outside.

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