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Carried Interest

Technical Review

Why Average VC Returns Don’t Really Matter

Agile VC

OCTOBER 23, 2012

The VC industry (both the GP part and the LP part) pays attention to the sector’s returns, but the broader tech ecosystem only occasionally tunes in. fund or marginally profitable fund doesn’t generate any carry for the GPs that are investing it. Even if you’re top decile for your vintage year (e.g.

176

LP Accredited Investor Carried Interest Portfolio

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