Rolling In the Dough Edition: Will Venture Fund Management Fees Go To Zero?
But i don't understand how the zero-fee model works given AngelList is charging 1.5% AUM.
So if you are a GP waiving your 2.5% management fee (perhaps by reinvesting your fee as GP commit to the fund), who is paying Angel List?
Rolling Fund Weekly - Edition #5
But i don't understand how the zero-fee model works given AngelList is charging 1.5% AUM.
So if you are a GP waiving your 2.5% management fee (perhaps by reinvesting your fee as GP commit to the fund), who is paying Angel List?