For all my friends who've asked (and who seem to think I'm some kind of banker!), here's an article by Mohanjit Jolly, head of Draper Fisher Jurvetson India. He explains what the life of a VC is really like--it's no glamour job. Although I'm relatively new to venture capital, I'm fortunate to have a level of responsibility (but not the compensation!) approaching that of a more senior person due to a fortuitous confluence of circumstances, so I can personally identify with nearly everything in the article.
Remember, he's deliberately focusing on some of the more difficult aspects of the job. There are lots of ways the job brings great intellectual satisfaction as well. So don't ask me "why are you still doing this job?" after you read the article!