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Aug 05 2008 3:50pm EDT
Anyone Thinking of Starting a Tech Company Should Read This
Kevin Maney points out: Venture capital firms make a habit of NOT talking about their internal economics. So the conversation on Fred Wilson's blog is particularly instructive, especially if you're an entrepreneur and want to know what the VCs are getting in return and how they're motivated.
Wilson, a VC in New York, put up one post this week about the basic economics, which got tons of comments -- many worth reading. That prompted a follow-up about fees and other aspects of VC economics.
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