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Adithya Pappala
Zero Fund-VC|Investi... • 7m
Then you kept your leg in the drum 👀 if you think they are rich..( I thought in the same way initially) I will tell you why they are not the rich & this is the toughest job you can ever take: No.1- You have to Invest your own money while setting up No.2- Even if you raise, The Management Fees is only 2% of the whole fund for a year or 2 years. You have to run all operations on that fee only. No.3- Salary & Other are optional. There is only one way you get the revenue that will be decided by the Investors Typically that will be matches with your survival but not luxury No.4- Coming to profits, This will take at least 5.5 Years to generate returns & as per the rules also the Manager should have to disburse all profits to investors first then he should make a room for him. So, If you are seeing this as a fancy job then you are still not exploring the depth yet. Maybe this is the reason why most VC faces are angry sometimes while startups pitch..
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