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Re:How VCs Make Money by harveyesq on Wednesday November 13, 2019 @07:04AM (#21523147)
GP = General partner;

LP = Limited partner

GPs are the VCs, the ones wearing Patagonia puffer jackets. LPs are the actual investors, including pensions, endowments, sovereign wealth funds, high net worth individuals, and on occasion, larger institutionals like hedge funds and publicly traded corporations.

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