Portfolios of shows, like equally fashionable portfolios of movies, are said to have a similar risk profile to venture capital funds, in which one or two hits (typically) more than make up for the flops, which are usually the great majority.

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This is because any remedy would require that the sukuk be changed so that the sukuk holder shoulders a risk of loss, or of lower return, in years where the venture did not meet earnings expectations.

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They argue that if Congress passes a carried interest bill, start-up money will either diminish or venture firms will shift their investments from start-ups to later-stage companies in order to minimize risk.

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