1.8x Is the New Mega-Fund Goal

they have the potential to be having a 10x fund but more likely they could actually get to a 3x fund right I would argue that when you're managing 28 billion 15 billion that's not really the goal I think the goal is a nice 1.8x and stability and you don't get fired for getting access to investing in

Andreessen and Sequoia and so they're more of a competitor to Blackstone or to TPG or to other very large money management institutions but if you actually want venture capital type performance