October 17, 2000 2:30 PM

Fortune: Call it the VC paradox. By any traditional measure, they've done better than ever in the past few years, delivering gargantuan returns to their investors. But somewhere along the way, they attained a new status. Rock stars, prophets, golden gods - pick your metaphor. They weren't just the money guys anymore; they were the vanguard of a revolution that was transforming business and the world.

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