The dynamics of the startup ecosystem have long been a subject of debate and scrutiny, particularly the role of Venture Capital (VC) in fostering innovation. Vinod Khosla’s assertion that "90% of VCs add no value to startups, and 70% even harm them" underscores a fundamental flaw within this ecosystem: the detrimental attitude of rent-seeking and short-termism that many VCs exhibit. This critique spotlights the urgent need to redefine venture capital's impact on emerging businesses and to build an antifragile, just, and equitable framework for startups.