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Investing in Top 50 Performers
I'm saying you get to invest in top 50 performing, whether it's merging managers in a certain space or across all the sectors. And I think that we massive downward pressure on VC margins as a result. Yeah. The only challenge is that we've done a load of episodes here talking about diversity and inclusion and getting people from different backgrounds into it. That would just leave basically wealthy people who can afford to run through our three funds with no management fee and only take a carry. But how much do you need? Like to Hector's point, if you're running a 10 person team, like how much money do you need to run that 10 person team with a bit of software really?