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>pretty good record with this frame in mind No, they don't. The average VC does not even return the S&P let alone make significate returns. You always hear a
by aussiegreenie 7y ago
>pretty good record with this frame in mind
No, they don't. The average VC does not even return the S&P let alone make significate returns.
You always hear about funds making huge profits but that is for one particular fund for one particular VC. Even the best of them struggle to match 10-year index funds due to their cost structure 2+20%.
Large fund make heaps of money for the GP but not for the investors.