> Can someone explain why a fund cannot be structured to make wins at the $100m level as opposed to the $1b level? There are plenty, they are called "Angel Inv

> Can someone explain why a fund cannot be structured to make wins at the $100m level as opposed to the $1b level? There are plenty, they are called "Angel Investors" and they look for 5x - 10x return (or less, or more, depending on what kind of person they are).