Immensely Large Funds
topic on 1 show · 1 statements across 1 episodes
1 statements about Immensely Large Funds, every show
Stebbings: Multi-billion-dollar VC funds perform poorly and max out at 2x
“They are investing respectfully in immensely large funds that everyone in the business knows will do at best two X. At best. They are enormous. The three, four, five plus billion dollar funds. And, bluntly, they're not very good. They're not great assets.”