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What is “2 and 20”

What is “2 and 20”
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Shorthand for 2% management fees and 20% carried interest

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VC Lab, the leading venture capital accelerator, empowers new and emerging managers worldwide to close ethical, high-performing funds in under six months. The program provides cutting-edge tools, expert mentorship, and a global network to raise more money in less time. Apply if you want to build a meaningful venture capital firm.

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