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Fundraising: Part 1

Private Equity Funcast

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The Importance of Growth Equity

The biggest thing we got was disagreement over whether people would or would not do growth equity, and what that actually meant. Our view is like, no, if you buy control of the business, it's a buyout. If you don't buying control of thebusiness, it's growth. That's our point. So you'd find out pretty quickly where they put you in the bucket. Right? And there was- But that tended to be a religious argument. They said, no, I define it the way they define it. Yeah. We wanted to get that right. Like, don't come out here like, oh, this track record's worth this. Well, we're

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