Management Fee and Carry Percentages: Typically funds have a 2% yearly management fee over the 10-year life of the fund to cover all overhead expenses and a 20% carry.
These values are implemented in a very libertarian and tech-forward way, organizing not around land, history, ethnicity and country, but around the cloud and personal choice, but they are rightist values nonetheless.
The values of a company should be a blueprint for how to be successful in that company; the canon for how the team behaves and makes decisions. As I mentioned earlier, mitochondria aren’t just good at what they do — they best embody a company’s values. That's why you can’t just interview for competence. You need to interview for values.
But before we dig any further into the specifics of the technology, and developments we’re starting to see on that front, it’s worth talking about the government — our current relationship, and how we might improve the way we work together.