4 ms·
directors rarely invest their own money in the company
by nerfhammer 11y ago
directors rarely invest their own money in the company
- prostoalex 11y agoFor venture firms lack of GP's own money in the fund, though, is signaling "misaligned incentives". Some firms (Benchmark comes to mind) also have had funds where it was nothing but GP money, no LPs.
- nerfhammer 11y agoOh, I meant senior execs at the funded company, not the VC partners.