“Don’t be a slave to stupid rules.”
1. We're easier to control with more stupid rules
2. Most rules are useless because there’s always people that can get around them
Instead, challenge the rules.
- Jordan Peterson
VCs are backbone of startups. How much do you know them?
Here are my few insights:
1. VCs invest funds raised from Limited Partners, and accountable to generate them returns in 10 years
2. VCs earn 2% management fee annually from the fund, perform
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