Hi folks, I just found out my Aunt just planning to invest 1.5 billion CAD in Canada. The craziest thing is she wants me to run the investment along side her son, which is currently still a university student. But I’m a software engineer I don’t know much about finance. I spend the past 12 hours learning about VC and with the help of Gemini, I got a good grasp of the structure. So I proposed that I will create a VC firm and be the GP along side her son. She will be the LP and we will fundraise a fund for cause x. that’s the most ambitious and reasonable thing I can think of so far. Anyone have any ideas lol please bounce it my way. If any VC is willing to network with me and help me out, I’ll scratch your back too. 🙏🏻
Should I go with “Wake up Rajesh” or “Is your Aunt from Zimbabwe”? Just kidding, many congratulations!
Nigerian Queen 😀
Why Canada?
Son attends university of Waterloo and need co-op
Is it million or billion? 👀
Best thing to do is consult a financial advisor.. GP gets paid a salary but has no share in the profit and has unlimited liabilities and can be sued by LP if acted against the LPs interest. LP provides a capital and has limited liability, draws no salary but shares maximum profit.
She is just casually investing 1.5 billion?!
Crazy rich Asians 2: OP & cousin waste investment money on h@@kers and blows, until their grandma and her sassy daughters flew to Canada setting them straight.
Why does she not get a professional fund manager?
You don't need to create a GP/LP structure to get a co-op job. Feel free to reach out if you want to discuss. I am at a growth equity fund
Hire me?
Damn You're gonna try and manage (hopefully) by learning from Gemini? Go to a top financial advisor, I'm sure there'll be many to happily manage $1.5 BB while generating profits for you. Don't try to do everything on your own. Good luck
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All the best OP 😀. I have no ideas but happy for you
Thanks 🙏🏻