[KongchangAI]
Unverified50% confidenceFactExact time

The limited partnership structure of VC determines that fund managers mainly profit from management fees and carried interest; the failure of a single project is largely borne by the LPs, while the excess returns of successful projects are shared with the GPs.

1
Sources
50%
Confidence
Long-term
Relevance
10/18/2026
First Seen

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