Posted by hollywood on 2008-04-10
This doesn't mean they are good at helping you build your company, since they aren't.
The game is, start a small fund, have a super hit deal, then drive out the partner who had the hit, raise a ton of cash, collect huge fees each year from the limited partners, then tell the Ltd's that there aren't any good companies to invest in or that the entrepreneurs are too greedy.
They will only be lying to you when their lips are moving. Their culture has been set from the top.PRIVATE: Members Only (317 Characters)