David Rosenthal: evaluation

Transcript context

…It’s funny, I think it’s a good insight that it’s structured like a university department tenure. Well, I just kept asking myself, why? Why? Why do they have this if there are no outside LPs? And this was the best thing I could come up with. I actually think it’s genius. It’s more elegant than it’s all one person’s money and they’re deciding to bonus out the current team every year and just give them enough money to make sure you retain them.…

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