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11 Things I've learned from running a micro VC in the last year

Hippoland

And if your fund does well – i.e. your companies either raise more money or they grow their revenues a lot – you also don’t make more money, because your salary is based on a percentage of your fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

And if your fund does well – i.e. your companies either raise more money or they grow their revenues a lot – you also don’t make more money, because your salary is based on a percentage of your fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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Keep the Good News Flowing - Pass the JOBS Act, Now

Seeing Both Sides

And, finally, finally, finally, we saw overwhelming bipartisan support from the House of Representatives in support of a bill that will help small businesses raise capital, called the JOBS Act, which passed 390-23 last week and is now being debated in the Senate. Email your senators and underscore your support.

IPO 30
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My dad said: “Never take on a business partner.”

Berkonomics

Rarely is there any formal written agreement memorializing these initial expectations and stating the consequences of non-performance or inability to make capital calls when required. Email readers, continue here…] I recall one very personal situation when I was young, that reinforces Dad’s advice.

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