How do VCs make money? – Elizabeth Yin

This is good.

I’ve written a little bit before about how venture capitalists (VCs) make money (see this post). But I’ve never quite spelled it out, and in this post I’ll do just that. I think it’s useful to understand this — certainly for anyone who is an aspiring future VC — but even for entrepreneurs, because it…
— Read on elizabethyin.com/2019/06/07/how-do-vcs-make-money/