How do VCs measure their success (and why you should care)?
Hippoland
NOVEMBER 13, 2016
The #1 problem with the venture capital game, in general, is that *actual success* is measured over decades not years. A common intermediary milestone for most investors is IRR (internal rate of return) of the fund. So there are a lot of unrealized gains built into the IRR of an early fund. Let’s take this one last step.
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