What’s Really Going on in the VC Industry? What Does it Mean for Startups?
Both Sides of the Table
JULY 16, 2010
But equally some partners joined firms in 2000 and have still never seed any upside in cash since their funds haven’t yet returned the initial capital [note: VC funds usually return all of the capital that they raised first and then share 20% of the profits above this hurdle]. I know for a fact this isn’t true.
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