One of my favorite trends is venture capitalists who support the DSA. I would love to see them step up and rebrand as venture socialists - take a salary from the 2% fee, then distribute the 20% carry to the founders of their failed portfolio companies.
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that's a bit extreme, but a flavor of this was done by
@kentgoldman at Upside - he gave his founders carry in his funds. Likely 1st of its kind.
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I know but wanted to recognize him as someone who actually thought about it.
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Upside’s model is fantastic and seems unique. I know of another fund that has a no fee, no carry allocation for investments from founders...but not sure if that’s public (yet).
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