Assertion: venture capitalist's fund | /r/CapableOf | make money
Facets:
value: from a successful exit
type: OTHER
Source sentences:
text: When the fund itself makes money from a successful exit (as above), the first thing that happens is that the original investments are returned to the Limited Partners, and then after that, 80% of profits are paid to the LPs, but 20% of the profits are retained by the General Partners (known as “GPs” who run the fund.
text: To make sure that the fund makes money, they will need to have a few companies that win big in their portfolio.