Why India’s ultra-rich are keeping it in the family — and out of VC funds
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Why India’s ultra-rich are keeping it in the family — and out of VC funds
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Family offices—the ultra-rich who used to hand over their money to VCs and wish them well—are now wondering why they ever bothered. Why did they pay someone to do what they could do themselves, on their terms?
Their primary gripe? The funds are not returning money.
Of course, the so-called middlemen in this scenario aren't too pleased. After all, they are losing a substantial amount of business in the process.
But it all boils down to one thing – who’s running the money.
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