If your title is “partner” at a venture capital firm…

Your job has just been outsourced. Find a new one.

Put differently, the *title* of “partner” at VCs has now officially reached meaninglessness.

I guess one should blame A16Z, not that they did anything wrong or that it matters much, but they made dozens of people — 100s? — into partners as they have built their amazing operation. And now there are master’s students who introduce themselves as partners at large venture firms.

Bah.

Prediction: the term “Managing Director” is going to make a comeback. MD’s wearing hoodies.