Do VC-Backed 401k Start-Ups—Venture Capital Investments in new 401(k) “Start-Ups” Make Sense? (Part 2 of a 3-Part Series) Venture capital (VC) firms making bets on new 401(k) provider “start-ups” are making a mistake, and simultaneously supporting the evil practice of skimming 401(k) fees. There are three reasons we make this claim: Reason 1 401(k) provider…