>> Is there no venture capital invested with a horizon of a decade or three? > Sadly, no. Actually, there is one 20 year fund that I know of. All other funds a

>> Is there no venture capital invested with a horizon of a decade or three? > Sadly, no. Actually, there is one 20 year fund that I know of. All other funds are 10 year funds. Bill Gates "Breakthrough Energy Fund" is a 20 year fund, which is an astonishing duration. Every other VC fund I have ever heard of, is a 10 year fund. A 10 year fund means that the intended time from fund creation, to distributing all the cash returned, is within 10 years. Which is almost impossible with startups, but that's VC how funds are structured. http://www.forbes.com/sites/kerryadolan/2016/12/12/bill-gates-launches-1-billion-breakthrough-energy-investment-fund/#120422c59a7e http://www.forbes.com/sites/kerryadolan/2016/12/12/bill-gate...