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A VC invests other people's money. Specifically, a VC is a general partner in the firm and they invest the capital of the limited partners.
by mrshoe 15y ago
A VC invests other people's money. Specifically, a VC is a general partner in the firm and they invest the capital of the limited partners.
- deleted 15y ago[deleted]
- channelmeter 15y agoA VC invests other institution's money, ie CalPERS, Virginia Teacher's Retirement Fund, Vanguard Mutual Fund, etc., who become the Limited Partner. They make money by generating a management fee (generally around 2.5%) and on the returns of investments.