Understanding the "hurdle rate" in the European waterfall model.

How to determine if a GP's "skin in the game" is truly meaningful.

For potential LPs and investors, this is essential insight to the financial mechanics and due diligence required for VC fund investing.

a2:["investments","entrepreneurs","Corporates"] a3:["LPs","venture capital","vc","limited partners","investment strategy","fund management","private equity"] a4:["Justin Lim"] a5:["none"] a6:["Managing Partner"] a7:["Nexea Ventures"] a8:["Justin Lim, Managing Partner, Nexea Ventures"] a0:{"omny_id":"0ad429d6-14a0-4977-bc23-b39f005f5580","omny_embed":"https://omny.fm/shows/p-and-l/what-lps-should-know-before-investing-in-a-vc-fund/embed","omny_mp3":"https://traffic.omny.fm/d/clips/de62ff84-6498-49d0-a266-a9d50120c712/e439f935-85ca-4acd-8ede-b142006f461b/0ad429d6-14a0-4977-bc23-b39f005f5580/audio.mp3","mp3_duration":"2590","mp3file_size":"41497630","asset_url":"https://s3.ap-southeast-1.amazonaws.com/media.bfm.my/p-and-l/2025-11-24_what-lps-should-know-before-investing-in-a-vc-fund/audio_40475db2-8542-4f94-8fc5-ab76b358cbad.mp3","original_mp3":"https://s3.ap-southeast-1.amazonaws.com/media.bfm.my/p-and-l/2025-11-24_what-lps-should-know-before-investing-in-a-vc-fund/audio_40475db2-8542-4f94-8fc5-ab76b358cbad.mp3","pagetitle":"What LPs Should Know Before Investing in a VC Fund","mp3":"https://traffic.omny.fm/d/clips/de62ff84-6498-49d0-a266-a9d50120c712/e439f935-85ca-4acd-8ede-b142006f461b/0ad429d6-14a0-4977-bc23-b39f005f5580/audio.mp3","content":"$a1","image":"https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/p-and-l/2025-11-24_what-lps-should-know-before-investing-in-a-vc-fund/website_40475db2-8542-4f94-8fc5-ab76b358cbad.png","fbimage":"https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/p-and-l/2025-11-24_what-lps-should-know-before-investing-in-a-vc-fund/og_40475db2-8542-4f94-8fc5-ab76b358cbad.png","alias":"https://www.bfm.my/what-lps-should-know-before-investing-in-a-vc-fund