Kim: Very few limited partners are compensated on fund returns
John Kim · How to Raise a Few Billion Dollars · Invest Like The Best · Jul 14, 2026 · at 8:07
Former General Catalyst chief development officer John Kim explains why pitching pure financial returns fails to motivate institutional limited partners.
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“The dirty secret to the relationship is that very few, some do, very few limited partners are actually Compensated on the returns that the general partner makes.”
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