3 ms·
By VCs I meant the staff on commission that has a budget and picks bets. They don't own the money, LPs do.
by akomtu 3y ago
By VCs I meant the staff on commission that has a budget and picks bets. They don't own the money, LPs do.
- scotty79 3y agoWow, I wasn't aware of the distinction/partition. I naively though Venture Capitalists actually have the capital.