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Private Equity - Is Private Equity the Holy Grail of Private Equity?
The studio creates a handful of companies a year. The fund has some ownership in every single one of those, and can participate in their earliest financing rounds. While the venture fund is not leading those deals in the studio companies, it has exposure, by default, to a sort of proprietary channel of companies. Heli, proprietary deal flow the holy grail iss good work if you can get it.