assets under management

“There's a lot of studies that suggest that returns go down as funds get larger in AUM. There's a ton of studies that show that.”

“I mean, at this point, there's a hundred million AUM that I'm responsible for.”

“We don't raise funds on a set and periodic cycle. And we've intentionally decided not to grow our fund size or assets under management”

“I think AUM is the stupidest thing to talk about as a venture firm, because back to what we were talking about earlier, small funds outperform larger funds, and so you really shouldn't be talking about how much capital you've raised. I'm okay with people talki…”

“I think we've yet to run the math and see a fund that's gone over fifty million that doesn't have to start having some trade-off between ownership and AUM.”

“Well, a billion in AUM includes is kind of the mark to market, right? It's the value of the total portfolio.”

“The direction of the industry, and I'm sure everybody who observes the industry would say the same thing, has been one of industrialization in the last decade. And when I say industrialization, what I mean is the boutique experience of, hey, there's going to b…”

“I think that it will change the way that people do work, but I genuinely believe that, ah, it'll actually increase the AUM of the firms that use it. I think it will actually drive more employment.”

“AUM can be one of two things. How much money did you raise? Or what is the value of the capital you raised? I want the value of the capital we raised to be the biggest, but the amount of money we raised to be smallest. That's when you've created the most alpha…”