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Benchmark Part I
Acquired
Benchmark and Venture Capital - The Absolute Crux of the Answer
There's two ways that this Partnership model in the bench mark style can play out depending on the personalities involved For most groups of people I think it actually trends towards mediocrity. The branchmark firm model is very very much in the minority There may not even really be any other firms that are structured the same way as them. They're not evil for doing it. It's just worth acknowledging that New incentive exists so it will change the behavior.
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