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Educational content only. Nothing here is investment, legal, tax or accounting advice, or an offer to sell or a solicitation of an offer to buy any security. Talk to your own advisers before acting.
Investing in private companies is speculative and illiquid, and you can lose your entire investment. Study figures describe past results for groups of funds or companies, not any particular fund, deal or investor, and do not predict future results.
Examples marked illustrative are hypothetical and do not describe any real business, fund or investor.