Remove 2012 Remove Aggregator Remove Institutional Investors Remove Portfolio
article thumbnail

Why Average VC Returns Don’t Really Matter

Agile VC

Typically it’s when Cambridge Associates releases their benchmark data on the VC asset class ( here’s a 2010 example article from TechCrunch ) or an organization like the Kauffman Foundation publishes a white paper ( a 2012 example article from Business Insider here ). Even if you’re top decile for your vintage year (e.g.

LP 176
article thumbnail

Asset Management Is A Bizarre Industry Ripe For Disruption

David Teten

Since I became an institutional investor, my #1 learning is: this is a highly unusual and somewhat baffling industry. This is a key reason why the average retail investor consistently earns below-average returns. For the twenty years ending 12/31/2012 the S&P 500 Index averaged 8.21% a year, an attractive return.