High Returns On A Small Fund Challenge Low Returns On A Big Fund
David Teten
MARCH 2, 2013
Moreover, VC funds on average earn approximately 2/3 of their revenue from fixed fees. Firstly, “fund size” can be misleading as some firms prefer to raise a large aggregate amount split between several concurrent funds. Secondly, none of the VC return studies to date, including the ones we discuss here, are definitive.
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