article thumbnail

A Closer Look At The Quality Of Angel Returns Data

David Teten

The good news for Techcrunch readers: Every major study conducted to date has placed angel investors’ IRR between 18 and 38 percent, as summarized by my Partner John Frankel and Professor Robert Wiltbank in prior Techcrunch articles. Every major angel study conducted to date has shown high IRR. billion for angels versus $ 29.5

IRR 114
article thumbnail

Are You the Fool at The Table?

Steve Blank

Ben offers that as Apple, Google and Amazon survived the dot.com crash, we can ignore the fate of the thousands of failed public and private dot.com companies when the bubble burst in March of 2000. I believe the issue isn’t whether we’re on a 25-year tech cycle or that the next 8 years are really going to be great.

article thumbnail

Asset Management Is A Bizarre Industry Ripe For Disruption

David Teten

Since I became an institutional investor, my #1 learning is: this is a highly unusual and somewhat baffling industry. Angel investors earn higher returns than small VCs, who in turn earn higher returns than large VCs, let alone most other asset classes.