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How Do You Know if You're Undervaluing Your Funds?
i l pd, a couple these small, like, emerging fund managers, you know, micro funds, ten million or so, three million. And i was justhining about what bill girley would always say, which i think is the howard marks you can't eat r like, what are we doing here? Like, what? Why is there such a focus on this? It's because you want to raise your next fund. The way it generally works is that, you the mark is set by the most recent private financing.