SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MeVC Draper Fisher Jurvetson Fund (MVC, XMVCX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas who wrote (123)7/14/2000 9:36:13 PM
From: TheSlowLane  Read Replies (1) of 180
 
Will take two years to fully invest the whole fund. One article I read about this fund indicated that the management fees are pretty steep. 2.5%, I think.

Investment Timing
We plan to reserve approximately 20% of the net offering proceeds for follow-on investments and future management fees. We expect to invest the net proceeds after reserves in accordance with our investment objective at the following approximate rates:

20% to 25% at or about six months from the offering date

50% at or about one year from the offering date

Full investment at or about two years from the offering date
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext