In the lore of Silicon Valley, the relationship between founder and VC endures as one of the most emblematic pairings. The VC provides the capital for the founder to scale his company to great heights, and, in exchange, the founder promises the VC a share of returns upon the exit. It’s a symbiosis that has underpinned the growth of the innovation ecosystem since Arthur Rock first invested in Fairchild Semiconductor in the 1950s, marking the beginning of venture capital as an asset class.