paper marks
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 10, 2025 by Bill Gurley · across every show →
Everything said about paper marks, oldest first
Jun 10, 2025 negative
Gurley: Endowment VC Managers Are Bonused on Paper Marks
“But the thing people may not realize is the managers of the VC group at the large endowments have no incentive to try and right size this number. In fact, many of them are bonused on paper marks. And so, if anything, they have the reverse incentives to get the…”