Charlie Munger Slams Venture Capitalists — Is He Right? The Truth About VC Returns

Steve Glaveski
6 min readOct 31, 2023

“To hell with them”.

This is what legendary investor Charlie Munger, now 99, thinks about venture capitalists.

In an episode of the Acquired podcast (one of our top 15 VC podcasts), Munger was unreserved in his assessment.

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Steve Glaveski

CEO of Collective Campus. HBR writer. Author of Time Rich, and Employee to Entrepreneur. Host of Future Squared podcast. Occasional surfer.