Are You a Passive, Secondary Investor?

Venture capital is the only asset class that i'm aware of where the underlying assets don't yet exist. So it's a strange exercise to go out and kind of convince people to invest in a fund for things that don't, don't already exist. But if you look historically, that's kind of worked out in some cases. The ontrapenerial spirit and just new business creation has been a driving force of our economy. And soy n n low and beholdif youare able to invest in some business very early on in thei evolution, it can pay tremendous no kind of rewards.