VC Cafe

FEBRUARY 27, 2023

This is what an institutional investor was quoted (anonymously) in the latest Emerging Mangers report by Vauban: We identified what performs best – and that’s small funds. Maybe surprisingly, but emerging managers in particular, outperformed ‘blue chip’ funds from 2004 to 2020. Don’t just take it from me.

Venture Capital 215

Venture Capital Technical Review LP Institutional Investors 215

View from Seed

APRIL 30, 2019

I believe this was primarily because public market investors believed there was some chance that these high profile consumer companies would be once-in-a-generation type companies. Google was a one such company when they went public in 2004 and Facebook was too at their 2012 IPO.

IPO 180

IPO B2B B2C Institutional Investors 180

Agile VC

APRIL 30, 2019

I believe this was primarily because public market investors believed there was some chance that these high profile consumer companies would be once-in-a-generation type companies. Google was a one such company when they went public in 2004 and Facebook was too at their 2012 IPO.

IPO 100

IPO B2B B2C Institutional Investors 100

Board Effect

SEPTEMBER 21, 2020

Shortly after, activist investors followed suit and used the same strategy to advance other important causes. The term ESG was first popularized by the World Bank Group’s International Finance Corporation when they published a report called Who Cares Wins in 2004. That figure accounts for 38% of companies that were investing in ESG.

South Africa 76

South Africa Government Africa Institutional Investors 76

Gust

MAY 24, 2012

This is nothing new; long favored by family-controlled media empires such as Rupert Murdoch’s News Corporation , among Internet firms alone, Google took a dual-class approach when going public in 2004. Expert commentators in law and business schools have debated the pros and cons of dual-class voting structures for decades.

IPO 159

IPO Equity Common Stock Stock 159

David Teten

MARCH 5, 2021

Of course, one could rebut that by saying traditional VC is all about investing in outliers: Seth Levine analyzed data from Correlation Ventures (21,000 financings from 2004-2013) and writes that “a full 65% of financings fail to return 1x capital.

Cofounder 78

Cofounder Founder Technical Cofounder Technical Review 78