Whats the difference between Vanguard Managements business model and that of venture capital or private equity firms?
Vanguard Management’s business model as a strategic consultant, affords us the ability to be patient in guiding the partner company’s growth, while continually building value for shareholders. From the entrepreneur’s vantage point, we’re not forced into a premature exit to return capital to limited partners. There is no pre-determined cut-off date to sell an ownership position like in VC firms.
