2min chapter

The Knowledge Project with Shane Parrish cover image

#82 Bill Ackman: Getting Back Up

The Knowledge Project with Shane Parrish

CHAPTER

Are Mark Ups in Venture Capital Funds Realistic?

Mark to investment valuations that seem to translate into some form of a public market, are realistic? Or do you think it's just a game, almost like a ye. The problem with many venture funds is, because of the life expectancy of many companies, you won't know whether a venture capital firm does well for a decade. And so i think there are games that are played that are r not ideal....

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