The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

2. Venture Capital — Funds, Angels & Entrepreneurs (Chris Yeh)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

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The Management Company of a Venture Capital Firm

Venture capital firm actually consists of many legal entities. The management company is a legal entity to which the partners in the venture capital firm belong. Each individual fund is its own separate entity, has its own separate set of limited partners and investors. A typical successful venture firm has numerous entities.

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