1998 Aggregator Forecast New York 
David Teten
NOVEMBER 15, 2013
Simon Lack reports in The Hedge Fund Mirage that from 1998 to 2010, hedge fund managers earned $379 billion in fees, while their investors earned only $70 billion in investing gains. In aggregate, angels are significant investors. Would you pay a $379 tip for a $70 meal?
Up and Running
DECEMBER 9, 2014
Bates: Josh, it reminds me of when I was doing web sites back in the day in 2000 and 1998 and instead of going and being able to buy a shopping cart you had to code the shopping cart from scratch. What I did is I learned the art of a pro forma and the value of a pro forma which basically is a forecast. Bates: You know Josh—.
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