Who Wants A Market Downturn? These Investors Actually Do
SAN FRANCISCO— Vini Letteri, a managing director at KKR who invests in tech companies, had a slow 2018.. Mr. Letteri, a venture capitalist who manages a $714 million fund, tried to put some of that money into 12 tech start-ups last year— but failed when they demanded too rich a price. So here’ s what Mr. Letteri is not-so-secretly hoping for in 2019: a downturn in the private…
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