How is the VC Asset Class Doing?
View from Seed
DECEMBER 4, 2019
Over the last 10 years, we’ve been in a bull market with considerable froth in late stage financing activity and valuations. Looking at all vintages from 2005 to 2014, the top 5% TVPI is between 40% to 127% better than the top quartile TVPI. This would suggest that TVPI would be performing well.
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