Is the compensation paid to venture capitalists (e.g., 2 percent management fee and 20 percent carried interest)

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Is the compensation paid to venture capitalists (e.g., 2 percent management fee and 20 percent carried interest) reasonable? What are a fund’s investors buying with this compensation?

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Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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