The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why VC is a Ponzi Scheme Today | Why Most VCs are Bankers | Why Big VCs Ruin Startups | Why Incentives in VC are Broken | Why American Dynamism is a Tool for VCs to Raise Money with Nick Chirls, Asylum Ventures
Nick Chirls
If you have a long track record of producing returns for your investors, I think you have arguments to charge a certain rate. Like, I mean, you can take Renaissance. That's probably a very good example. I think famously they had, they charged like 70% carry and produced by the way, like net to LP is like 60% or whatever, some insane rate of return.
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