Re:Invest in Startups
by ph0rque on Monday September 23, 2013 @02:13PM
(#6432999)
Can anyone link to/explain what the 10% carry means?
[ Parent
| on HN ]
To make it simple: Let's say you invest $1000 in a startup. The startup gets acquired and your stake is worth $10,000. You get your $1000 back, and then get 90% of the rest. So you get $9100, and Wefunder gets $900.