Both Sides of the Table

SEPTEMBER 15, 2022

IRRs work really well in a 12-year bull market but VCs have to make money in good markets and bad. But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. It’s just math. And we’re patient. What Does the Post Crash VC Market Look Like?

Technical Review 416

Technical Review Pre-Money Valuation San Francisco Valuation 416

David Teten

JANUARY 19, 2021

This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Flexible VC 102: Variations.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Tim Keane

JANUARY 12, 2010

If you look at the spreadsheet, you will see that the “Required Rate of Return” is expressed as an IRR.   Internal Rates of Return naturally compound, so a 50% IRR is 7.59   (If you plug in an IRR of 58.5%   Internal Rates of Return naturally compound, so a 50% IRR is 7.59 times at 5 years and 11.39

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

The Next Web

DECEMBER 16, 2012

Income-based valuations consider aspects like CAPM (capital asset pricing model), IRR (internal rate of return), NPV (net present value), WACC (weighted average cost of capital), NCF (net cash flow), and GAAP (generally accepted accounting principles). The current traffic’s conversion rate and yield. Asset approach.

Valuation 128

Valuation NPV Net Present Value IRR 128

David Teten

MARCH 2, 2013

We thought that you’d be interested in our conversation. Tom draws on two metrics to demonstrate that larger funds are, in fact, more likely to be top performers. examined 4 separate sources using a variety of return metrics. Kauffman found that their top performers are mostly small funds.

LP 114

LP Securities and Exchange Commission Silicon Valley Venture Capital 114

Feld Thoughts

APRIL 21, 2016

” Fred and I have had some version of this conversation many times over the past twenty years as we both strongly believe the punch line. Anything that hints of a down round brings questions about the success metrics that have already been “booked.” ” I’ve carried that around with me since I was in my early 20s.

Marketing 70

Marketing Down Round Startup IRR 70

Both Sides of the Table

MAY 19, 2018

Or if you’re a VC raising from LPs you have to list all of your deals, your investment value, your carrying value, your multiples, your IRRs, TVPIs, DPIs, etc along with net cashflows plus your previous LPAs. Kai taught me that the key metric to whether a sales process is going well is “engagement.”

Cap Table 336

Cap Table Due Diligence Forecast Churn Rate 336