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Soros answered, “The only thing they have in common is that the managers are compensated on the basis of performance and not as a fixed percentage of assets under management.”
You will need to set the tone with your early group if you want to attract and welcome new types of people. Keep that responsibility at the forefront as you rally, nurture, and evolve your community.
Get Together
Bailey Richardson, Kevin Huynh, and Kai Elmer Sotto
Russia has other obvious areas to avoid investing in. Early-stage science and technology is one such area. As in most developing economies, people tend not to understand intellectual property yet, and the important IP cannot be protected in the absence of an informed judiciary. Investments that are dependent on technological innovation are subject to piracy or other forms of theft in the absence of enforceable proprietary rights.
The Masters of Private Equity and Venture Capital
Robert Finkel
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