[narak]

Anyone know what the management fees are on a microfund?

[simonebrunozzi]

We (three friends) started a micro-VC fund in 2014, called Mission and Market [0].

We decided to go for 0% management fee, 20% carry up to 2x, and then 30% from there up.

[0]: http://m14t.com/

[tosh]

another data point:

0% management fee

20% carry

https://magic.do

[simonebrunozzi]

No info on the webpage. No (or very few) posts on Github, Twitter, Instagram. What is it about?

[arikr]

Most common is 2% management fee and 20% carry

[hanniabu]

What do you mean by carry? They get 20% of the profits?

[w1ntermute]

https://en.wikipedia.org/wiki/Carried_interest

[hanniabu]

So in movies like the big short when they day they have a negative carry on assuming that means they're paying instead of being paid?