Internet IRR Media Reputation 
Feld Thoughts
JULY 31, 2013
I sought to mimic his propensity to leverage social media. Fiber was the workhorse of the Internet — and nothing would alter its importance for as far as the eye could see. Our biggest customers are the wireless carriers and big content/Internet companies. Our equity IRR has averaged around 50% since inception.
David Teten
MARCH 2, 2013
The Kauffman Foundation points out several reasons why they choose to keep pouring capital into the industry: the J-curve narrative, VC investment allocation mandates (which should disproportionally benefit large funds), the “relationship business” philosophy, and potentially misleading return metrics (such as IRR).
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