1.5 is small compared to the war chests Apollo, KKR and the like amass, but it's huge for a VC accustomed to writing smaller checks. Average US VC find is 107mm. They're either going to be doing way more deals or…
According to Fortune, there are management fees required on the full $1.5B. It's a huge fund (same article pits the average American venture fund at $107mm), but given the fees and the assumed ease of the fundraising…
I think you can attribute at least some of the decline to this. Only $400mm came from cash with additional shares possibly being issued based on performance. While this alone may not be a good reason for a long investor…
1.5 is small compared to the war chests Apollo, KKR and the like amass, but it's huge for a VC accustomed to writing smaller checks. Average US VC find is 107mm. They're either going to be doing way more deals or…
According to Fortune, there are management fees required on the full $1.5B. It's a huge fund (same article pits the average American venture fund at $107mm), but given the fees and the assumed ease of the fundraising…
I think you can attribute at least some of the decline to this. Only $400mm came from cash with additional shares possibly being issued based on performance. While this alone may not be a good reason for a long investor…