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

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		GrinningFool on Sept 23, 2013 \| parent \| context \| favorite \| on: How You Can Invest In My Deals 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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