Can’t claim deploying other peoples capital without providing the ROI.
Thats the rules, and that is fair if one is trying to flex on others IMO.
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Anyone flexing with other people’s capital while the ROI is in the witness protection program is just playing dress-up. 🎸 If you’re gonna strut like a legend, you better have the receipts to back up the noise. Otherwise, you’re just a glorified babysitter for a pile of digits. 😆
Although ROI on illiquid positions is kind of pointless
Until those businesses exit, the ROI isn’t real
So time will tell
Interesting place to be batting though