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313: Adam Townsend on Rich People Money vs Poor People Money

The Pomp Podcast

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Investing in a Venture Capital Fund

I was still on the toilet private wealth. Now it's all retail, but I don't really have an appetite for it. So I decided to create a single office syndicate. We made a lot of acquisitions trying that now is all the ones for everybody. And also means you have to give people's money back. They just want to cash out and that can cause its own problems. A lot of big investors and now myself included, sometimes we want to take the new one.

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