Finding The Deal Isn't The Hard Part
“What happens after that? Are you still going to get squashed down in the next round? Think about what's next.”
Transcript
That's a good question. So I think this evolves a lot. So when you think about, all right, you are a person who has now taken money from other people and your job is to
multiply it, let's be honest, five times. Three is really, really good. But I think what LP's are hoping for, especially from emerging managers, is five times. So what does it take to do that? And I think what most people get really excited about because it's fun
, it's competitive, it gets your juices flowing basically is finding and winning the deal. Now that is really, really important because if you can't do that, you don't have a portfolio. But what happens after