Episode 46: Blue Bottle Coffee
Acquired
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The Life Cycle of a Venture Capital Fund Partnership
The typical life of a venture capital fund partnership, limited partnership is 10 years. That means from the time the fund was raised until you're supposed to wind up the whole fund and give all the money back to investors at that point. So instead of index as your investor and sitting on your board, now, ratably all the, those investors in index, they all own like little bits of your stock now. It just turns into a nightmare.
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