Just so that I follow... You're not investing alongside him as a VC or angel, yo... | Hacker News

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		mathattack on Sept 23, 2013 \| parent \| context \| favorite \| on: How You Can Invest In My Deals Just so that I follow... You're not investing alongside him as a VC or angel, you're investing through him, where he acts as the VC and collects the 20% carry, correct?

GrinningFool on Sept 23, 2013 [–]

Correct - and the 20% carry is on any profit, not on the investment itself.

mathattack on Sept 23, 2013 | [–]

Yes - typical VC structure.

far33d on Sept 23, 2013 | | [–]

Minus the up-front commitment and the management fee.

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