2000 Internet IRR Operations 
Steve Blank
MARCH 31, 2014
I’m honored to be at a university noted for knowledge, and in a city with 2000 years of history – home of Gaudí one of the 20 th century’s greatest innovators. In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. Thank you for the kind introduction.
Both Sides of the Table
MAY 25, 2013
The better way to think about VC returns is, do the firms consistently beat alternative asset clases on an IRR basis to adjust for the increased risk and lack of liquidity? In 2000 our industry had more than $100 billion in LP money. 33% of the world is on the Internet on average of 3.1 Here the data is not always kind to VCs.
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