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#5 Chris Dixon: The State of Venture Capital
The Knowledge Project with Shane Parrish
Onchpener's Compensation Model
It's hard to copy because we basically, the traditional structure is a basically that vesi funds charge fees, and then most of those fees go to the partners salaries. We don't. Instead, we put our fees towards these operating teams. So for our competitors to copy us, hey'd have to kind of dramatically change their own compensation and pay structure - which isn't likely.
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