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Why Average VC Returns Don’t Really Matter

Agile VC

FoFs have a range of strategies of course, but broadly speaking LPs that invest in FoFs pay them a management fee and carried interest (on top of the fee & carry of underlying VC funds they invest in) for access, diversification, active management or a combination of all three.

LP 176
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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
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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. There’s a wide range of intermediaries for venture capital and private equity investment, each with its own structure and business model. Insurance Companies. What Are These Intermediaries?

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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
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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. There’s a wide range of intermediaries for venture capital and private equity investment, each with its own structure and business model. Lee’s posts also appear regularly on View From Seed.

LP 335