07-13-2007, 05:46 PM
|
#1990
|
|
Wild Rumpus Facilitator
Join Date: Mar 2003
Location: In a teeny, tiny, little office
Posts: 14,167
|
Bullshit, part 2
Quote:
Originally posted by Greedy,Greedy,Greedy
Hmmm. Yet, the investors always want to see that the money is in, and may even condition their investment on it - could the two, perhaps, be, uh, related?
|
No. Actually, the 1% is there more for the fact that a GP has to be a partner from the outset. A carried interest is not a partnership interest at the outset, because it is not a capital investment in the venture.
__________________
Send in the evil clowns.
|
|
|
