Friday Letter: Caps off

In the era of the mega-mega fund, a new math has developed for determining an appropriate size for one’s next investment vehicle. It is a complex calculation that always ends up equaling the maximum that LPs are willing to commit.  

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this