327 | Welcome to 2023 - Navigating Political & Market Chaos with Bradley Tusk
The Realignment
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I Don't Know What's on the Table Anymore.
A lot of funds were raised in reverse, meaning the founders say 2%, I need this many million dollars a year to run my business and have to take home as a salary. And their incentives became totally disaligned with the LPCs,. As a result, you saw so much money chasing so many bad deals.
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