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>they charge investors around 1.5-3% (depending on fund size) in Annual Management Fees. https://www.sequoiafund.com/performance/ https://www.sequoiafund.com/p
by Mistletoe 3y ago
>they charge investors around 1.5-3% (depending on fund size) in Annual Management Fees.
https://www.sequoiafund.com/performance/ https://www.sequoiafund.com/performance/
Do the numbers here include that 1.5-3% or should it be subtracted out? It looks like they have severely underperformed the SP500 for the last 3, 5, 10 years.
- alephnerd 3y agoThat is fund performance, not Asset Managament fees. > It looks like they have severely underperformed the SP500 for the last 3, 5, 10 years. Yep! That was why Sequoia Fund (the US operation and brand owner) had India+SEA and China funds created in the 2010s and why they began restructuring in 2020-23 [0] [0] - https://www.axios.com/2021/10/26/sequoia-capital-fund-venture-capital-model https://www.axios.com/2021/10/26/sequoia-capital-fund-ventur...