February 26, 2010
"VentureWire reported yesterday that one of the largest venture capital firms, Polaris Venture Partners, is lowering its carried interest rate - the portion of profits that a venture capital fund takes when a portfolio company is sold or goes public - to 20% from 30%."

For Some Venture Firms, Premium Fees Fade Away - Venture Capital Dispatch - WSJ

The invisible hand at work in the venture asset class.

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