When Charles River Ventures $($CRV$)$ was debating whether or not to turn away $$750$ million of the $$1\mathrm{.}2$ billion in committed funds for CRP XI$,$ which of the following was the greater, more relevant, more likely expected benefit to keeping the money?

Avoid bad publicity, by stopping investors and the market from learning that CRV wasn't able to profitably invest all of the funds it took in$.$

Being able to keep the management fees on those funds.

Both are equally relevant, important and likely.

Neither should be considered.