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A comment on Sequoia’s Doug Leone to Mike Arrington: Why You Want to Be a VC is Beyond Me. Parent comment

Re:Sequoia’s Doug Leone to Mike Arrington: Why You Want to B... by smanek on Tuesday September 13, 2011 @07:19AM (#2990910)
Generally, the management fee is 2%, and you get 20% of all profit (known as 'two and twenty').
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