View from Seed

DECEMBER 4, 2019

For example, a $10B endowment might be looking to have 10% ($1B) allocated to venture capital at any one time. So, if the venture asset class performs well in terms of unrealized mark-ups, the % of VC relative to the total portfolio actually increases. That 10% might start to look more like 12% or 15%.

LP 256

LP IRR Distribution Portfolio 256

View from Seed

SEPTEMBER 14, 2021

Was this a lost decade for venture capital? That’s actually the vintage with the highest TVPI for top-quartile funds, so it’s a relatively high-water mark for the venture industry right now. But what do we see from some of the more recent (but mature) vintages? Or are current values inflated and unlikely to converge with DPI?

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

SEPTEMBER 14, 2021

Was this a lost decade for venture capital? That’s actually the vintage with the highest TVPI for top-quartile funds, so it’s a relatively high-water mark for the venture industry right now. But what do we see from some of the more recent (but mature) vintages? Or are current values inflated and unlikely to converge with DPI?

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

View from Seed

SEPTEMBER 14, 2021

Was this a lost decade for venture capital? That’s actually the vintage with the highest TVPI for top-quartile funds, so it’s a relatively high-water mark for the venture industry right now. But what do we see from some of the more recent (but mature) vintages? Or are current values inflated and unlikely to converge with DPI?

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156