Asset Management Is A Bizarre Industry Ripe For Disruption
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. And what happens if you don’t get into the one VC that gets into Cornerstone On Demand (ffVC company, now the 10th largest SaaS company in the world)?
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