I've asked before but didn't get a good answer. I am advising an accelerator. They have built up a track record in a certain vertical, and want me to launch a fund to invest in early stage deals in this vertical.
However for the use of their track record, infrastructure, borrowing their team for fundraising, etc. they want to keep most of the economics. They will introduce some LPs but ultimately fundraising is on me.
How much economics does the platform take, and how much is left for the team usually?
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