TechCrunch+ roundup: How VC really works, longevity investor survey, choosing your angel

“Venture capital” is semantically equivalent to “dangerous money,” which is part of its mystique.
Essentially, VC is a high-stakes extreme sport in which top players can accumulate startling amounts of wealth and power. And sometimes, a massive pile of investor cash burns so brightly, it gets picked up on satellites.
But where does all that money actually come from, and how do VCs actually make money? Prior to joining TechCrunch, reporter Haje Jan Kamps worked at VC fund Bolt, where he interacted directly with early-stage founders.
“Once you’re on the VC-fueled tr

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