Marc Andreesen, the cofounder of Netscape, Opsware, and Ning has today’s great post up titled The truth about venture capitalists, Part 1.  Marc started blogging recently and while his posts are essay style ones, they are fun, interesting, and full of good juicy meat.  There are a few factual inaccuracies (e.g. that VC funds are legally limited to 10 years – that’s the normal term, but most have automatic 2 year extensions and often get extended longer than that), but his general perspective should be interesting and enlightening to any entrepreneur thinking about taking money from a VC.