Distribution IRR Management Operations 
David Teten
JANUARY 19, 2021
As two fund managers employing Flexible VC, we think it is a healthy addition to the ecosystem and will yield more predictable and stable healthy returns for investors. Too often, investment structures force the management team to make decisions between misaligned growth and investment (return) objectives. Early liquidity.
Steve Blank
MARCH 31, 2014
In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. But the world you lead will be much different from the one your professors knew or your predecessors managed. The question for all of you is … “ What will it take to inspire and manage this kind of innovation?”.
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View from Seed
JULY 15, 2020
VC’s also manage multiple funds that get deployed over 10+ years, with new investments happening over the first 2-3 years of a fund’s life. Companies that are largely in R&D phase can operate business as usual, assuming there is capital to fund the company for 18-24 more months. Unevenly distributed, but broadly optimistic.
Both Sides of the Table
MAY 25, 2013
As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. The better way to think about VC returns is, do the firms consistently beat alternative asset clases on an IRR basis to adjust for the increased risk and lack of liquidity? The top 2% do not drive 98% of the returns.
abovethecrowd.com
APRIL 20, 2016
These mutual funds “mark-to-market” every day, and fund managers are compensated periodically on this performance. We have already seen examples of founders and management obtaining liquidity in front of investors. Do you feel the need to raise more capital quickly before the prices erode further and bring down your IRR?
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