Steve Blank

OCTOBER 29, 2009

But the biggest innovation was the “carried interest” (called the “carry”.) Aligning their interests with their limited investors and the entrepreneurs they were investing in. In a typical venture fund, the partners receive a 2% management fee. This is where the partners would make their money.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

Hippoland

JULY 24, 2018

Marketing – if you have t-shirts / watches / swag, parties – all of this fits under this budget. I know so many aspiring micro VCs who go into this, because they want to fund more women or minorities or geographies or some vertical that is underfunded. And, if you travel, those costs come from this number too.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Hippoland

JULY 24, 2018

Marketing – if you have t-shirts / watches / swag, parties – all of this fits under this budget. I know so many aspiring micro VCs who go into this, because they want to fund more women or minorities or geographies or some vertical that is underfunded. And, if you travel, those costs come from this number too.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48