urbancowboy
Re:Earnest Capital is live
on Thursday February 14, 2019 @01:11PM (#19164242)
Hey Glenn, would you mind sharing why you were unsuccessful? What were your biggest takeaways from the experience?
Re:Earnest Capital is live
on Thursday February 14, 2019 @12:07PM (#19163539)
Cool, thanks for the reply. Doesn't look like you have any professional investment management experience. What was the most difficult part of raising the fund? How long did it take?
Re:Earnest Capital is live
on Wednesday February 13, 2019 @03:10PM (#19156471)
^^^ Wondering the same. Read the FAQ but still interested in the risk management philosophy.
Also interested how you guys get paid. Did you raise a fund? Are LPs mostly HNWs? Any institutions? Is the investment horizon of the fund similar to a typical VC fund?
And finally, I would imagine your SEA gets negotiated on a deal by deal basis if a portco raises more traditional VC? I'm curious what a series A looks like when there's a SEA in place that hasn't reached its return cap.
Thanks!