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Spent time reading on the Rolling Funds from AL. Thoughts: 1- more $ investing in innovation is a good thing, so that’s great. 2- the opacity of the fees really is bad. Annual 1% or $25000 for 10 years plus expenses plus a 2% management fee — very hard on return.
it’s not a rolling fund unless it’s from the thoughtboi region of France, otherwise it’s just a sparkling angellist syndicate
