We deep dive into Scott Kupor's book, Secrets of Sand Hill Road, providing an inside look at the world of venture capital. It outlines the dynamics between limited partners (LPs) who provide the capital, and general partners (GPs) who manage the funds. Kupor goes on to examine the relationships between VCs and startups, exploring the intricacies of term sheets, board composition, and the various duties of board members. He also details the complexities of exit strategies for startups, including initial public offerings (IPOs) and acquisitions. The book offers entrepreneurs insights into the venture capital ecosystem, enabling them to navigate the world of funding, understand VC expectations, and make informed decisions about their companies' future.