When in 2010, former VC Michael Kim set out to raise a fund that he would invest in a spate of micro VC managers, the investors to which he turned didn’t get it. Why pay Kim and his firm, Cendana Capital, a management fee on top of the management fees that the VC managers themselves charge?
from Pocket https://techcrunch.com/2020/06/30/cendana-capital-which-has-been-backing-seed-funds-for-a-decade-has-278-million-more-to-invest/
via TV Aerials Leeds
No comments:
Post a Comment