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Why India’s ultra-rich are keeping it in the family — and out of VC funds
Manage episode 483833336 series 3423246
Family offices—the ultra-rich who used to hand over their money to VCs and wish them well—are now wondering why they ever bothered. Why did they pay someone to do what they could do themselves, on their terms?
Their primary gripe? The funds are not returning money.
Of course, the so-called middlemen in this scenario aren't too pleased. After all, they are losing a substantial amount of business in the process.
But it all boils down to one thing – who’s running the money.
Tune in.
Daybreak is looking for a talented audio journalist with at least two years of experience. Check out the role here.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
491 episodes
Manage episode 483833336 series 3423246
Family offices—the ultra-rich who used to hand over their money to VCs and wish them well—are now wondering why they ever bothered. Why did they pay someone to do what they could do themselves, on their terms?
Their primary gripe? The funds are not returning money.
Of course, the so-called middlemen in this scenario aren't too pleased. After all, they are losing a substantial amount of business in the process.
But it all boils down to one thing – who’s running the money.
Tune in.
Daybreak is looking for a talented audio journalist with at least two years of experience. Check out the role here.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
491 episodes
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