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"the common man never had a real chance to invest in your idea." You may not realize that VCs are investing on behalf of the common man. Most of the LP's in VC
by nrao123 12y ago
"the common man never had a real chance to invest in your idea."
You may not realize that VCs are investing on behalf of the common man. Most of the LP's in VC funds are entities like pension funds who represent the common man's money.
- jeremyjh 12y agoI'm skeptical. Most of these funds disclose at least the categories of assets they invested in - what is this asset class called and can you point me to a prospectus that mentions it?
- starfishjenga 12y agohttps://www.calpers.ca.gov/index.jsp?bc=/investments/assets/equities/pe/private-equity-review/home.xml https://www.calpers.ca.gov/index.jsp?bc=/investments/assets/... You'll notice Insight Venture Partners (an investor in Twitter) and Khosla on the list, to highlight a couple.
- walshemj 12y agoEr do you not know anything about how collective investment in things like pensions Unit trusts and Investment trusts work. Most of the big main stream IT's have a proportion of there capital in pe/vc - read the annual reports
- johnnybazooka 12y agoTo add to that, university endowments are also a big component of VCs, in addition to pension funds. I think a couple years ago a judge ordered Berekely to release the fund performance figures for the VCs they had money in, and most of them don't even do well (measured in terms of IRR).