Both Sides of the Table

SEPTEMBER 15, 2022

The market was down considerably with public valuations down 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’m thrilled to announce: Nick Kim. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

Technical Review 416

Technical Review Pre-Money Valuation San Francisco Valuation 416

VC Cafe

FEBRUARY 27, 2023

For the past 10 years, with interest rates near zero, VC investors plowed record amounts into tech startups and enjoyed a seemingly ‘easy’ investing environment. Support emerging managers. IRR (on average) over a 15-year horizon, Venture continues to outperform other long-term asset classes.

Venture Capital 215

Venture Capital Technical Review LP Institutional Investors 215

View from Seed

DECEMBER 4, 2019

If you aren’t familiar with these metrics, I recommend reading the original post to get a sense of the numbers that I’ll be reviewing here. The longer the portfolio maintains the same value without distributing back cash, the worse the fund’s ultimate IRR. Most LPs are trying to manage some targeted asset allocation.

LP 256

LP IRR Distribution Portfolio 256

VC Cafe

MARCH 8, 2010

TriVentures II , a $25 million medical device fund (with American medical technology company Medtronic Inc. billion (net management fees and operational expenses). The Carmel I Fund, raised in 2000, had the highest performance, giving an internal rate of return (IRR) of 8% and a positive multiple of 1.4. as its main investor).

IRR 74

IRR Israel Venture Capital Institutional Investors 74

David Teten

MAY 16, 2017

A few years ago, I presented at an Invesco conference on Emerging GPs, and one of the highlights was a presentation by Laurie Weir summarizing CALPERS’ selection criteria under their Private Equity Emerging Manager Program Review. Denis Tse: Fund Management Craftsmanship: An LP’s Food for Thought for Emerging VC General Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. As two fund managers employing Flexible VC, we think it is a healthy addition to the ecosystem and will yield more predictable and stable healthy returns for investors. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

SEPTEMBER 16, 2014

These companies can range from tech startups to food trucks to retail stores. Top performers conduct 40 hours or more of due diligence per investment and stick with companies as active advisors.[3]. Q: What is the typical profile of angel investors? Q: Why do people become angel investors? Average Angel Returns Over Time.

Angel Investor 114

Angel Investor Technical Review Venture Capital Pre-Money Valuation 114