Question
Total investment of a VC firm into portfolio companies reached $80 million. The VC firm charged management fees of 3 percent per year (on committed
Total investment of a VC firm into portfolio companies reached $80 million. The VC firm charged management fees of 3 percent per year (on committed capital) for all ten years. The fund would receive a 30 percent carry with a basis of all investment capital. Total exit value from its investments in portfolio companies reached $400 million.
What is the VM in numbers?
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Active Auditing A Practical Guide To Lean And Agile Auditing
Authors: Prescott Coleman, Sandy Kasahara
1st Edition
1092839305, 978-1092839303
