VC’S on Fire

Referring to a transaction 😂 35mn$

Not because if fund performance? US is already seeing partners getting fired for poor performance. It will hit India sooner or later.

https://entrackr.com/2023/10/decoding-fintech-startup-neos-35-mn-funding-round/

Could you please provide clarity on this cuz my understanding of dry powder is that only when it is commited and wired to the VC's account is when the RoI timer kicks off.

Am I missing something ?

What are you referring to 🤔

Username checks out?