Question: When Charles River Ventures was debating whether or not to turn away $ 7 5 0 million of the $ 1 . 2 billion in
When Charles River Ventures was debating whether or not to turn away $ million of the $ billion in committed funds for CRP XI which of the following was the greater, more relevant expected benefit to giving back the money?
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Protecting their reputation and acting ethically by giving customers a good return on remaining invested money.
"Fixing" the VC industry singlehandedly by eliminating the excess supply of funds.
Both are equally relevant and important.
Neither should be considered.
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