John Kim
speaker
590 appearances
1 recordings
1 series
first heard Jul 2026
last heard 14 Jul
John Kim’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Otherwise, we wouldn't care about the environment, care about our children, care about desire.
So when you're talking to somebody and trying to persuade them, too many people, and this is maybe one of the most important lessons that people seldom get right when they first start fundraising,
In the alternatives world, an investing professional talks to somebody on the other side, they're called limited partners, and they just are so passionate about how much money they're going to make for them and the returns.
Because the more money they make, the bigger the plane or whatever it is, because they're motivated that way.
And of course, as a fiduciary, you're saying, well, this has to be what you care about.
But the dirty secret to the relationship is that very few, some do, very few limited partners are actually compensated on the returns that the general partner makes.
Very few are.
Some are.
Some are compensated on IRR.
And it's hard, right?
Because the alternatives business, you have to wait for 10 years to see if something's good or bad.
So it's really kind of an awkward alignment of interest.
Say, okay, I'm going to pay you on an IRR, but we don't really know if this is really good.
So I could pay you a ton of money.
And the general partner could be tricking up the IRR.
And there are lots of great tools to do that these days.
That's a misalignment of interest if I'm giving you my money to actually manage.
So therefore, there are a lot of people who just simply don't make money if you make money.
So in other words, there is no greed.
So there's got to be some other motivation.
Showing 81–100 of 590 · page 5 of 30
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