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There's a cap on governance that these funds can do, no matter what the size (ex: 10 companies per parnter, or whatever the standard is). So if SB has a $100B F
by hkmurakami 9y ago
There's a cap on governance that these funds can do, no matter what the size (ex: 10 companies per parnter, or whatever the standard is). So if SB has a $100B Fund, that predisposes them to very late stage deals. In fact their deals will look more like PE than VC.