venturecapital

There are two types of VCs

Those that optimize for the 2% (mgmt fee) 

And those that optimize for the 20% (carry)

Related, there are two types of VCs:
Those who try to generate returns by focusing to the right of the decimal point and those who generate returns by focusing to the left of the decimal point.

Work with the ones who focus to the left of the decimal point.

Entrepreneur, Investing @electric

Views are my own

if we do our jobs properly the excel sheet shouldnt show any decimal points... :)