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Cheap capital and VC funds employees that are compensated on how many investments they've made. (or they're penalized for not allocating the fund under manageme
by freefaler 4y ago
Cheap capital and VC funds employees that are compensated on how many investments they've made. (or they're penalized for not allocating the fund under management)
Sometimes it's best to check the incentives to understand why people behive in a non-logical way.
Also can be a sneaky way to steal some money from the company, by acquiring something meaningless. I've heard about 2 such cases.