Mike thank you for your answer. Is there a way to evaluate how much a percentage of carry is worth before investments are made? I am trying to understand if there is a way to estimate $ value and pay someone who prefers to take cash now instead of carry as a VP.
Dec 01, 2023 7:44pm
In theory, you could do the math on what the carry is worth at 3x fund and work backwards from there.
Dec 01, 2023 11:15pm