PayPal, Spotify, Stripe, LinkedIn, Airbnb, Facebook, ResearchGate, Flexport, Nubank, Rippling, Asana, Luft, Tesla, Microsoft, Apple, SpaceX
You can’t trust anything these days!
Being the VC to a company’s round B, C, and D (adding up to maybe 40% ownership/control) is VERY different from simply throwing some money at a trillion dollar company to see some returns.