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Sure companies are worth more in 10-12 years. But when VCs are managing 7 year funds, their LPs may require returns sooner. I'm surprised this article didn't m
by matchagaucho 8y ago
Sure companies are worth more in 10-12 years. But when VCs are managing 7 year funds, their LPs may require returns sooner.
I'm surprised this article didn't mention Investors ability to simply hold shares post-IPO. Leave it to the LP pension managers to decide how much upside they want to risk.