Hippoland

JULY 24, 2018

In many cases, fund managers invest 1-5% of the fund size. They want you as a fund manager to be incentivized to make good investments, because you are staking your own cash too. Using a standard 20% carry formula, and after returning most of the gains to the fund’s investors, it means that the team will receive $8m.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Hippoland

JULY 24, 2018

In many cases, fund managers invest 1-5% of the fund size. They want you as a fund manager to be incentivized to make good investments, because you are staking your own cash too. Using a standard 20% carry formula, and after returning most of the gains to the fund’s investors, it means that the team will receive $8m.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Steve Blank

OCTOBER 29, 2009

Meanwhile on the West Coast – “The Group” 1950’s When Ampex was raising its money, in 1952, an employee of Fireman’s Fund in San Francisco, Reid Dennis , managed to put $20,000 in the deal. It would charge its investors annual “management fees” to pay for the firm’s salaries, building, etc.

Silicon Valley 129

Silicon Valley SBIC San Francisco RSS 129