3 ms·
Kind of apropos, this struck me. "Venture Capitalists decide not to make capital calls to their Limited Partners, sometimes as a courtesy, other times the resu
by dalbasal 8y ago
Kind of apropos, this struck me.
"Venture Capitalists decide not to make capital calls to their Limited Partners, sometimes as a courtesy, other times the result of a directive. They know their LPs have been heavily impacted by the market collapse and don’t want to stress them more."
It's interesting that when it comes to financing insiders, obligations seem to be a lot softer and more negotiable. Margin calls and capital calls. Interbank trading, where long term loans to customers are funded by daily loans to banks.