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Satya Patel on the state of VC, flexible investing frameworks & converting to evergreen | E1715
This Week in Startups
The Future of Fund Management
We have raised funds from traditional institutions. RLP is our Princeton's, Harvard, Northwestern, Duke, Virginia,. A certain number of family foundations who for them, we're solving a real problem because their institutions are so large that they can't write small checks. It's hard for these institutions to evaluate managers who don't come from traditional backgrounds. The traditional path has been to apprentice at a big platform and spin out and start a fund. We want others to follow suit, hopefully.
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