“He asked for an IOU… years later, when Marc had the opportunity to bring outside capital… he called Bonderman and asked him to invest $5 million, which Bonderman agreed.”

Marc Stad · Buyers and Builders · Marc Stad: From $0 to $40 Billion (The Extraordinary Story of Dragoneer's Founder)

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What was described

After helping David Bonderman on a hotel acquisition, asked for an IOU instead of cash; later called Bonderman to invest $5 million in his own fund, which Bonderman agreed to

$5 million investment from Bonderman

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