Comment on When Is a “Mark” Not a Mark? When It’s a Venture Capital MarkComments−johnwheeler10yThe big takeaway from the journal article is a16z charges 30% of profits.Top hedge funds are known for 2 & 20, and Berkshire Hathaway doesn't charge anything.30% is murder. Scrutiny is justifiable.
Comments
The big takeaway from the journal article is a16z charges 30% of profits.
Top hedge funds are known for 2 & 20, and Berkshire Hathaway doesn't charge anything.
30% is murder. Scrutiny is justifiable.