2min chapter

Acquired cover image

Benchmark Part II: The Dinner

Acquired

CHAPTER

Can We Decouple?

I look at my cap table and I look at where the equity went. And this is what burns me, which is there's a lot of people on that cap table that say, they bought a ticket. So true. They made a huge impact on our total success. And that's equity that was the best return on my allocation of that equity. That's how I think and it may be there'll be a model where we're not going to be CIA, where we take 10% and all that. But you know, the capital light, you couldn't raise less. If you raised 400 million in your next fund and you have five fewer companies, your scoreboard number could go up

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