It's a long way from $20-150k to $41 million. And many other industries work thi...

drumdance on Nov 13, 2011 | parent | context | favorite | on: Bill Nguyen: The Boy In The Bubble

It's a long way from $20-150k to $41 million.

And many other industries work this way. Biotech and oil & gas come to mind. In fact, the tax laws around carried interest were enacted to encourage oil & gas exploration.