Remove Conversion Remove Limited Partner Remove Revenue Remove Securities and Exchange Commission
article thumbnail

High Returns On A Small Fund Challenge Low Returns On A Big Fund

David Teten

We thought that you’d be interested in our conversation. I agree with Tom on the principle that there is a natural upper limit to fund size before returns tend to suffer, but we are at odds as to where that limit is. Moreover, VC funds on average earn approximately 2/3 of their revenue from fixed fees.

LP 114