Hidden taxes in venture capital

If you're considering investing in a venture capital fund, make sure it doesn't charge fees to the companies they invest in. This prevents access to the best deals and is a hidden tax on your performance.

My article for Business Brief Includes a call out for Haatch for being one of the good guys, particularly among EIS and SEIS funds who are often guilty of this. It's something Fred Soneya of Haatch and I both feel strongly about.

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Evening update - 3 October 23

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Evening update - 2 October 23