Head of Business Development

I like it when they set-up conditions when it's very hard to take your money out. Like, you must wait 6 mo or 1 year and then you can only take out 10% at a time, while we take some small fees even if the hurdle rate isn't achieved. these lock-outs, or whatever, are classic.

i'm looking to raise 100 million, and will pay you 100k if you get me the 100 million. now find me that money!!
 
Quote from 1245:

EG. CTA charges 2/20. on $1M investment with $100K profits after 2%

2% yearly fee= $20K , $4k to the 3rd party marketer
$100K profit * 20%= $20K, $4K to the marketer.

He gets 20% of what your get. The investor still has his $1M plus profits minus fees in the account.
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That's what I thought. Winston said something different.
 
Quote from newwurldmn:

That's what I thought. Winston said something different.
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Mr Winston clearly misspoke -- "They usually make between 10% and 20% of the capital they raise" -- probably he meant 10- 20% of the resultant fee flow.
 
BTW are you still in the computer-building biz? I heard from a friend the system he bought needs some TLC, which is too bad as he was testing it to "suggest" a vendor to a fund he's associated with.
 
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