Mike Hirshland is a great sport. He filled in at the last second, taking the Ask-a-VC hotseat the week his industry erupted in scandal. In this video we talk about the “AngelGate” controversy and how Hirshland is dealing with the very real problem of rising valuations. He also answers reader questions about applying to DogPatch Labs, how it’s different from traditional incubators, how much equity entrepreneurs should have give up per round, and what really motivated him to become a VC.