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. As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. Thank you for the kind introduction.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

Both Sides of the Table

MAY 25, 2013

“I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” 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? hours / day.

LP 374

LP Later Stage IRR Term Sheet 374

Seeing Both Sides

APRIL 10, 2011

But if that observation led them to refrain from investing in the Internet sector, they would have missed one of the most stunning legal creations of wealth in history. In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast.

IPO 48

IPO IRR Brazil Government 48