"I’d also say that I’m not quite as negative about funding someone else’s seed deal anymore. I now know that the mega funds that did too many seed deals aren’t paying enough attention to them. So I’m not put off by the fact that I’ll be used as a stalking horse or that there is something wrong with the company provided I’ve spent quality time with management and can make my own assessment about the team and business."

Perhaps as entrepreneurs become more educated about the Chris Dixon and Venture Hacks argument, they can essentially use this argument to justify to other VCs why the first VC passed on the deal ("First VC wanted to low a valuation, knowing that they could signal to other VCs not to take the deal unless I agreed to their low valuation"). However, some other commentators on this thread have mentioned the VC "herd mentality" syndrome, so perhaps it requires a shift in VC mindset too.