What to Expect When You're Expecting Venture Capital Returns
This is going to be BIG.
JULY 30, 2015
One of the first things I did when I joined the venture asset class as a lowly institutional LP analyst in 2001 was to build the VC fund cashflow model. Where I don't actually think that's the case is in growth rounds, which seem hyper competitive right now--and where the ability to differentiate yourself as an investor is limited.
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