The way technology companies grow may be broken, destructive, and wasteful. At least that’s the gospel some renegade venture capitalists at Indie.vc have been spreading. If you’re working in venture capital or tech, you might not have heard of Indie.vc yet (some partners I’ve spoken to haven’t), but at Cornerstone Venture Partners, where I’m working this summer, it comes up almost every day. To understand what’s going on, you’ll need some background on fund economics. Don’t worry, I promise it’s more exciting than it sounds.