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Will VCs Really Demand Better Terms?
Peter Wagner: Will the venture industry's limited partners demand better terms from their managers? He says LPs don't dare rock the boat and put their allocation and so-called top tier funds at risk. But if returns don't hold up, LPs could get fed up and demand some concessions in a year or two," he says. "I wouldn't be surprised at all if more favorable LP terms were up for discussion next year"