Since the fall of 2008, LPs haven’t shown much appetite for stakes in either venture capital or buyout firms. It’s hard to blame them. Having overdosed on both earlier in the decade, they paid dearly for it once the global economic crisis struck, their public market holdings shriveled, and they were caught with a superabundance [...]
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Social Scene: Schwarzman Reminds Us How Poor We Are, DePonte Talks Snakes, Rich British Entrepreneur Goes Gun Crazy, More
In this week’s Social Scene, buyout bigshot Steve Schwarzman shows yet again that he has way more money than you and me combined, VC Naval Ravikant gets the old “I left the code at home” excuse, a rich British entrepreneur goes gun crazy, and Skype investor Morten Lund is a year older today. Have a [...]