Remove Distribution Remove Internet Remove IRR
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ESADE Business School Commencement Speech

Steve Blank

Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. For example, Coke added snack foods, which could be distributed through its existing distribution channels.

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10 Reflections After 10 Years of NextView

View from Seed

One industry specific example is the strange fascination among some LPs and GPs around term IRR. Even though everyone knows that VC funds take 10+ years to come to fruition, one often can’t help but benchmark themselves based on IRR in the early days. What I was purporting was just “the greater fool theory”.

IRR 205
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10 Reflections After 10 Years of NextView

View from Seed

One industry specific example is the strange fascination among some LPs and GPs around term IRR. Even though everyone knows that VC funds take 10+ years to come to fruition, one often can’t help but benchmark themselves based on IRR in the early days. What I was purporting was just “the greater fool theory”.

IRR 156
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10 Reflections After 10 Years of NextView

View from Seed

One industry specific example is the strange fascination among some LPs and GPs around term IRR. Even though everyone knows that VC funds take 10+ years to come to fruition, one often can’t help but benchmark themselves based on IRR in the early days. What I was purporting was just “the greater fool theory”.

IRR 136
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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. The better way to think about VC returns is, do the firms consistently beat alternative asset clases on an IRR basis to adjust for the increased risk and lack of liquidity? The top 2% do not drive 98% of the returns.

LP 374
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On the Road to Recap:

abovethecrowd.com

The same thing happened to many Internet stocks. Do you feel the need to raise more capital quickly before the prices erode further and bring down your IRR? Cash distributions are what matter at the end of the day, bug big paper gains still make for good fundraising pitches. LIMITED PARTNERS (LPS).

IPO 40
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Benchmarking Performance: Your Options, Dos, Don'ts and To-Die-Fors!

Occam's Razor

Leaders (company is leaving China, our IPO is next week, 1,800 new stores are being opened in 180 days, our new IRR is 8%). And you also have, perhaps more useful, the industry wide acquisition strategy distribution. For this blog, Benchmarking classifies me into Internet & Telecom vertical. And other such things.

Analytics 135