4 ms·

Anyone know what the management fees are on a microfund?

• arikr 7y ago
  Most common is 2% management fee and 20% carry
  • hanniabu 7y ago
    What do you mean by carry? They get 20% of the profits?
    • w1ntermute 7y ago
      https://en.wikipedia.org/wiki/Carried_interest https://en.wikipedia.org/wiki/Carried_interest
      • hanniabu 7y ago
        So in movies like the big short when they day they have a negative carry on assuming that means they're paying instead of being paid?
• simonebrunozzi 7y ago
  We (three friends) started a micro-VC fund in 2014, called Mission and Market [0]. We decided to go for 0% management fee, 20% carry up to 2x, and then 30% from there up. [0]: http://m14t.com/ http://m14t.com/
  • tosh 7y ago
    another data point: 0% management fee 20% carry https://magic.do https://magic.do
    • simonebrunozzi 7y ago
      No info on the webpage. No (or very few) posts on Github, Twitter, Instagram. What is it about?