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Are You Getting a Five Million Dollar Fund?
Most exits in the united states are between 20 and a hundred million dollars. The vast majority of exits are going to be a 20 millor higher, four x larger than the fund. Most g ps that are on firms web sites are not actually g ps, right? And inevitably, they spend enough time at the mother ship to get some winds under their belt, and then they go start some other firm. They wouldn't do that if they were already in the black. This is why i'm so bullish on individuals making their own debts. If you're in this for the money in the long term, this is where it's hat.