Prediction: No startup run by a founder who is also running a fund on the side will be a big success.
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Bezos Expeditions looks like more than "merely investing" -- enough big wins to make "real" funds jealous https://en.wikipedia.org/wiki/Jeff_Bezos#Bezos_Expeditions …
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Bezos isn't running Bezos Expeditions; he's hired a team to run it
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Early on (when Amazon was a startup), Bezos was essentially in charge (e.g. he got himself into Google). Biggest nuance is his no LPs.
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himself, with no LPs is more like angel investing. running a fund you have to manage LPs etc
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Yes, Paul already made this point. But, by that criteria Clarium Capital and Soros Fund Management aren't funds either.
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why does it matter if Clarium or Soros are classified as funds or not in this context?
End of conversation
New conversation -
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Final (and best) counter example:
@JTLonsdale https://en.wikipedia.org/wiki/Joe_Lonsdale …Thanks. Twitter will use this to make your timeline better. UndoUndo
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Did you mean GP? I expect you would choose words most wisely between GP vs LP. Everyone can be an LP of a fund as long as you are rich.
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