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>> what happens when all of that capital has nowhere to go? Is there back pressure? Perhaps what happens is that expensive (i.e., in terms of fees) investment
by TuringNYC 6y ago
>> what happens when all of that capital has nowhere to go? Is there back pressure?
Perhaps what happens is that expensive (i.e., in terms of fees) investment vehicles end up investing in easily available assets (e.g., Uber stock, which is public.)
Anyone know if SoftBank earns carry on this part of the portfolio? Why would LPs want SoftBank to have any funds in a publicly traded asset and pay fees for that?