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Kindred Capital splits 20% of carry with portfolio founders
Venture capital is broken by misalignment and ego, but a new model is sharing 20% of the carry pool directly with portfolio founders to fix it. This isn't charity—it's a calculated move to build a massive, decentralized army of scouts and advisors who all have skin in the game. By eliminating junior associates and treating every investment as a peer-to-peer partnership, one firm is proving that radical generosity might actually be the ultimate competitive advantage for driving 100x returns.
Jul 3, 2024