In a fund that's 300 million, and i return 600 million in total, let's say i did two s gross. 20 % of that is 60 million dollars, right? So there's good. Ah, but i got to pay back all my expenses. And so those expenses had to be paid back. It's now youhare toi the partners dividing 20, instead of five partners dividing 60,. exactyn an, your period. I down is not such a bad thing, keeping fees down. You ought to pay it back.
Jason breaks down the 2 metrics he uses to to assess Robinhood's Q2 earnings (1:43) and Amazon entering Department Store retail (16:39). Then, Mark Suster from Upfront Ventures joins (24:07) to discuss venture metrics, community as a moat, why high valuations don't necessarily mean a bubble & more.