Given the negative returns most VC funds have one could argue it’s a net positive to society for your VC fund to have Saudi Arabia as an LPhttps://twitter.com/avc/status/1054024521382907906 …
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I bet they expense it as networking costs
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Whether VC negative *average* returns scares you off or not shows if the LP can understand Venture, which has the same non-normal outcome distributions as its investments. (probably not news to you)
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Only if you squint.
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