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He doesn't explain how he got rich though... "I joined a VC" ... "I was lucky!" I'd be interested in hearing a lot more about his past and how he forced his wa
by dcurtis 18y ago
He doesn't explain how he got rich though... "I joined a VC" ... "I was lucky!"
I'd be interested in hearing a lot more about his past and how he forced his way into the VC industry with no experience.
- fredwilson 18y agowell i sort of did. we turned $150mm into $750mm from 1996 to 2000. vc's generally get paid 20% of their profits so take 20% of $600mm and then split that with Jerry and a few others and that's where the money came from. i've made more since, but that was the initial payday. up until then, we were eating ramen the week the mortgage was due.
- deleted 18y ago[deleted]