View from Seed

DECEMBER 4, 2019

At the time, I spent most of my time describing the metrics themselves and how VCs and their LPs evaluate performance based on these measurements. If you aren’t familiar with these metrics, I recommend reading the original post to get a sense of the numbers that I’ll be reviewing here. So, is this good or bad?

LP 256

LP IRR Distribution Portfolio 256

View from Seed

SEPTEMBER 14, 2021

Warning – this assumes some basic knowledge of VC performance metrics. One thing that jumps out quickly is that TVPI between 2004-2010 (avg 2.6x) has underperformed 2011-2017 (avg 3.0x). For a primer, I would recommend refreshing yourself here. Ok, let’s jump in. State of VC: are we in a bubble?

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

SEPTEMBER 14, 2021

Warning – this assumes some basic knowledge of VC performance metrics. One thing that jumps out quickly is that TVPI between 2004-2010 (avg 2.6x) has underperformed 2011-2017 (avg 3.0x). For a primer, I would recommend refreshing yourself here. Ok, let’s jump in. State of VC: are we in a bubble?

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

View from Seed

SEPTEMBER 14, 2021

Warning – this assumes some basic knowledge of VC performance metrics. One thing that jumps out quickly is that TVPI between 2004-2010 (avg 2.6x) has underperformed 2011-2017 (avg 3.0x). For a primer, I would recommend refreshing yourself here. Ok, let’s jump in. State of VC: are we in a bubble?

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

View from Seed

FEBRUARY 17, 2015

So I have personal scars from what it means to over-index success using fundraising as the key metric. But even ignoring that year and looking only at the classes of 2008-2010, HBS classes gave birth to startups that raised a bit over $400 million on average within five years of graduation. billion to date.

Founder 120

Founder North America Cofounder San Francisco 120