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so if the money is reinvested, as it presumably would be by vcs, this doesn't apply?
by andrewcooke 14y ago
so if the money is reinvested, as it presumably would be by vcs, this doesn't apply?
- VSerge 14y agoVCs have funds with limited timespan. They can't reinvest endlessly. And either way, an investor needs to have a decent measure of liquidity in order for said investment to be attractive, so locking it down even more than it already is would be counterproductive.