2min chapter

Acquired cover image

Benchmark Part II: The Dinner

Acquired

CHAPTER

The Golden Goose Is Getting Worse

Peter, I just want to clarify something that you said. You define the scoreboard as fund multiple and it's not total cash return to LPs. We're really good about keeping us both honest on that too. Every time we start taking on more stuff, I'm like, Oh man, the golden goose is getting worse. A long time less than this, we'll probably know exactly what you're talking about.

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