View from Seed

DECEMBER 4, 2019

The longer the portfolio maintains the same value without distributing back cash, the worse the fund’s ultimate IRR. This equates to something in the neighborhood of a 10% IRR, which isn’t great given the illiquidity of the asset class and strength of the public markets. So, is this good or bad?

LP 256

LP IRR Distribution Portfolio 256

VC Cafe

MARCH 8, 2010

T he latest IVC report shows that Israeli VC funds were able to raise only $229 million in 2009 , a staggering 72% less than $803 million raised in 2008 and the third lowest amount raised per annum in the last decade. These losses have reduced capital available for investments. A sign of the times or lack of performance?

IRR 74

IRR Venture Capital Institutional Investors 74

David Teten

SEPTEMBER 16, 2014

That’s a sizeable amount, especially in comparison to the US venture capital industry, which similarly invests over $20 billion annually. In 2013, 298,800 angels invested in 70,730 entrepreneurial ventures, according to the 2013 Angel Market Analysis by the Center for Venture Research at the University of New Hampshire.

Angel Investor 114

Angel Investor Technical Review Venture Capital Pre-Money Valuation 114

Steve Blank

MARCH 31, 2014

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. As Harvard professor Clayton Christensen noted, these efficiency metrics provided wise guidance for times when capital was scarce and raising money was hard.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Agile VC

NOVEMBER 13, 2012

There are some obvious structural reasons why a shakeout in the venture capital industry takes a long time. There was a healthy amount of capital ($20-30B annually) invested in VC funds during the 2003-2008 timeframe. 2) Rebirth of Some Firms - Mobius Venture Capital is now defunct.

LP 154

LP Portfolio Venture Capital IRR 154

Professor VC

MARCH 10, 2009

In other parts of the country, this is business as usual: Identify a customer need Build a product Sell the product In the valley, the knee jerk reaction is to start with the powerpoint deck and look for the venture capital drug. Jon Fisher purposely avoided raising venture capital in his ventures. ► 2008. (14).

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Software Review 28

David Teten

MAY 8, 2012

As Steve Case has said, it’s ridiculous that anyone can gamble and be guaranteed to lose money, but there are strict regulations around who can invest in early-stage private companies and earn (in some cases) a 27% IRR on their capital. *. The Entrepreneurs Access to Capital Act helps to redress this. Start now! *

Securities and Exchange Commission 148

Securities and Exchange Commission IRR Entrepreneur Angel Investor 148