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I can't shake the feeling that only one of the examples needs VC investment to function and succeed, and all of the others could be bootstrapped or take minimal investment.

Investing in and promoting startups that can only exist with VC funds sounds like a fair enough strategy for a VC.

I'm not convinced that the interests of founders and VC are always the same.

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To be fair, he is explaining the USV investing model. He is not saying that this the only type of business to build...he is saying this is the type of business we can comfortably invest in. VC investing isn't right for every business and every business isn't right for VC's. That's just fine.

Oh, I totally agree with you; I just walked away with the impression that the VC-funded option was the "most right" startup model.

As an explanation of why they invest the way they do, it's very good.

they aren't always the same and its important to recognize when they aren't and be honest and open about it

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