Scott (HarbourVest) - Unknown Last Name

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382 appearances 1 recordings 1 series first heard Jul 2026 last heard 27 Jul

Scott (HarbourVest) - Unknown Last Name’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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So if it's the 10% of companies that are going to return 90% of the market over the next decade, how do you kind of gain access to those companies?

The profile that lives in your portfolio is going to look very different.

In our multi-manager fund of funds, you're clearly going to have higher loss ratios, but

your earlier access is going to drive upside when you have a breakout company.

There's liquidity that's available to you for whatever reason.

And then your decision is, is this a good valuation for me to enter the cap table of this company?

And if you can do that, you might have the primary portfolio that invested in, call it whiz, that had 100x return.

And then you have the direct portfolio that had a 3x return in the secondary portfolio that had a 2x return.

Yeah, that's right.

On the fees, you're paying the highest fee in the market is on the LP commitment.

It's a two and a half and 25 is kind of where it starts.

And it goes up from there.

You're getting a better deal.

Yeah.

So look, on that topic, I learned a long, long time ago from the guy that hired me and trained me and ran our group 25 years ago.

A good term sheet does not make a bad deal good.

And a bad term sheet does not make a good deal bad.

Right.

And I think that's true.

Right.

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