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No the limited partners lost some money. Guess who they happen to be?
by danieltillett 11y ago
No the limited partners lost some money. Guess who they happen to be?
- mikeg8 11y agoSo what? As an LP, they made the choice to let someone else actively manage their money. Part of the risk/reward trade-off when using VC as an investment vehicle.
- danieltillett 11y agoI am just pointing out who is losing the money. The fact that a large amount of this money is coming from pension funds trying to hit totally unrealistic returns in a zero interest environment is just an unfortunately coincidence.