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Nick Moran Profile picture
Nick Moran
@TheFullRatchet
Hustle. Grind. Invest in people smarter than me. GP at https://t.co/6OXlqLYQ5u Founder @TheFullRatchet @VentureWeekly Danaher alum
Apr 20, 2021 • 10 tweets • 3 min read
1/ I recently exchanged tweets w/ @elizabethYin, @macconwell, & others on the notorious topic of OWNERSHIP.

It came up again today on a Zoom chat w/ emerging GPs.

After many conversations (over many years) w/ Institutional LPs -- ownership does matter.

Here's why:

#OpenLP 2/

Start w/ the customer -- let's assume it's an institutional LP (not HNW or family office). If you ask (and listen carefully) what they care about... it's three things: