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A $500M exit is "completely unexciting" to institutional VCs. Sheel Mohnot breaks down the economics behind why, and it changes everything about how founders should think about fundraising. His fund: $140M Their minimum exciting exit: $500M+ Fund math is unforgiving. To return 3x to LPs, they need their winners...

40,592 Aufrufe • vor 4 Monaten •via X (Twitter)

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