Why VCs aren’t Insanely Rich..

Why VCs aren’t Insanely Rich..

Disclaimer: I admire Jason Lemkin @jasonlk and his posts are amazing. I’ve learned some much and I’m humbled to write a follow up post on this topic. I’ll start with a spoiler, or more precisely the bottom line: VC’s are that insanely rich, or at least most majority of them. So Jason mentioned in his post that VC’s ends up with personal effective ownership of 32%-40% on a “one company equivalent” basis. Here is a recap of the assumptions: 1. Total of 20% in 20 companies: VC that does A/B... Read more