VentureWire reported yesterday that one of the largest venture capital firms, Polaris Venture Partners, is lowering its carried interest rate - the portion of profits that a venture capital fund takes when a portfolio company is sold or goes public - to 20% from 30%.
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For Some Venture Firms, Premium Fees Fade Away - Venture Capital Dispatch - WSJ
The invisible hand at work in the venture asset class.
(via jryu)
Woah. I thought the standard was “2 and 20” but I guess that was inflated to 30?
