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by erubin
2855 days ago
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> all of the fees and carry associated with the fund will be donated to non-profit organizations that enable African Americans to enter the technology industry. if i were a founder, why wouldn't i be bothered by this? if i'm going to be working monomaniacally to make the a16z LPs rich, i want to be making the GPs rich too. if they're funding me out of the CLF, they won't be getting rich so they won't want to help out as much. |
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