false, at least at the big funds. check sizes are way bigger relative to headcount. Also, you’re not gonna have Orlando Bravo chucking billions into bullshit b2b saas flips and actually getting strong returns anymore. that era is over

 

Can you give some examples of funds and their returns?
 

I’m seeing low teens returns for large funds. There are exceptions, but have rarely seen funds exceeding 20%.

 
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