Remove Aggregator Remove Carried Interest Remove Management Remove Venture Capital
article thumbnail

Why Average VC Returns Don’t Really Matter

Agile VC

It’s true that FoFs provide LPs a way to purchase VC funds in a basket, but by design these are comparatively narrow actively-managed investment funds rather than broad-based passive vehicles. The same is not true for venture capital of course, since the underlying startups VCs invest in aren’t publicly selling their equity.

LP 176
article thumbnail

High Returns On A Small Fund Challenge Low Returns On A Big Fund

David Teten

I recently had an extensive debate with Tom about why and whether small funds (like mine, ff Venture Capital ) tend to outperform large funds (like his). We thought that you’d be interested in our conversation. While I don’t ultimately agree with the article’s conclusions, I think it warrants consideration.

LP 114
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where Do Venture Capital Dollars Actually Come From? This Visual Explains

Agile VC

Most folks reading this will know that many startups were built in part with the help of venture capital. Some institutional investors simply aren’t big enough to have in-house employees to vet and manage a portfolio of VC funds. Insurance Companies. The first is a staff constraint. What Are These Intermediaries?

article thumbnail

Where Does VC Money Actually Come From? [Flowchart]

View from Seed

Most folks reading this will know that many startups were built in part with the help of venture capital. Some institutional investors simply aren’t big enough to have in-house employees to vet and manage a portfolio of VC funds. Lee’s posts also appear regularly on View From Seed. Subscribe here for more.

LP 335
article thumbnail

The VC Shakeout: Are We There Yet?

Agile VC

There are some obvious structural reasons why a shakeout in the venture capital industry takes a long time. The reality is that it wasn’t until the GEC (Global Economic Crisis, Great Recession, Credit Crunch, call it what you will) of late 2008 and early 2009 that the shakeout really began for venture capital.

LP 154