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Where does most of your capital come from? A. We have relationships with high-net-worth investors and what's called family offices, which are not institutional funds but amalgamations of wealthy families who have their money run by professional money managers and who are looking to invest in real estate.
Where does the borrowed capital come from?
Where does this abundant capital come from?
Despite the UK's advantage of average larger follow-on deal size compared to France ($23m vs $11m respectively), the UK's overall lead of 49 deals is gradually being eroded compared to France's 46 and Germany's 18. Simon Cook, CEO of DFJ Esprit, commented that: "The bulk of the financial returns in venture capital come from the big winners and the major investments that create these companies.
"The most successful and the cheapest forms of capital come from the broadest base," he stated.
And where will the start-up capital come from to ramp up the manufacturing process, which requires that more than 5,000 fish tanks be sold before the business can break even?
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This new injection of capital comes from existing backers Ardent Capital, Indonesian conglomerate Sinarmas and Inspire Ventures.
In 1990 Lutnick created a better-capitalized private partnership, First Nevada Associates, with most of the capital coming from Bernie Cantor.
The new capital comes from Trustbridge Partners, Singapore's Temasek, SoftBank, SoftBank's Vision Fund and Hony Capital.
"Their capital comes from illicit activities like drug-trafficking and kidnapping".
Most of their capital came from banks which also held equity in the firm.
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