Michael & Gauri

Dec 30, 2021

So, What the Heck is the Metaverse?

The “metaverse” is a phrase that has been thrown around a lot lately as it quickly grabs attention, but why is the potential integration of metaverses into our everyday lives significant? First, let’s start with the basics. What is the Metaverse? According to Wikipedia, the metaverse “is a hypothesized iteration of the Internet, supporting…

Metaverse

7 min read

Jul 21, 2021

So, What the Heck is Fund Recycling?

And How It Affects The Gross Multiple (MOIC) Recapping our last article, we discussed how a 2% flat fee on the fund size can reduce the investable capital a GP has. 2% on a $100M fund over 10 yrs is $20M in fees. …

Venture Capital

5 min read

Jul 9, 2021

So, What the Heck is Carry?

And How Does It Relate to Management Fees? It’s no mystery that fund managers of VC megafunds get paid extremely well, similar to their counterparts managing hedge funds or private equity funds. …

Venture Capital

6 min read

Jun 29, 2021

So, What the Heck is a VC Syndicate?

And how is it different from a Special Purpose Vehicle (SPV) and Equity Crowdfunding? You’ve heard the word and nodded along kinda, sorta knowing what it means, afraid to ask how exactly it works. Let’s start there: the word “syndicate” itself is simply a group of people coming together to…

Venture Capital

4 min read