Feld Thoughts

JULY 31, 2013

Our equity IRR has averaged around 50% since inception. As Zayo continues its quest, it will bolster Boulder and the Front Range’s reputation as a top tier centers for Entrepreneurship and Innovation. Our biggest customers are the wireless carriers and big content/Internet companies. We raised $2.7B

Bandwidth 148

Bandwidth Colorado Startup IRR 148

David Teten

MARCH 2, 2013

The Kauffman Foundation points out several reasons why they choose to keep pouring capital into the industry: the J-curve narrative, VC investment allocation mandates (which should disproportionally benefit large funds), the “relationship business” philosophy, and potentially misleading return metrics (such as IRR).

LP 114

LP Securities and Exchange Commission Silicon Valley Venture Capital 114

Berkonomics

JANUARY 6, 2022

You will not be moving your IRR needle enough by grabbing a few extra dollars in a marginal sale, but you will incur the wrath of a number of stakeholders who would be more than willing to spread the word far and wide about your greedy ways. And that reputation will last for a long time in the entrepreneurial community.

Dividend 62

Dividend IRR Preferred Stock Participating Preferred 62

K9 Ventures

NOVEMBER 30, 2008

Now that’s nothing to snicker over, especially considering that well-reputed and established firms could often have multiple overlapping funds. For what I’ve seen/heard the tops VC funds typically have an IRR of over 20%. In total, over a period of 10 years, the management fee is going to be a whopping $125M.

IRR 48

IRR Venture Capital LP Early Stage 48

Berkonomics

OCTOBER 1, 2015

You will not be moving your IRR needle enough by grabbing a few extra dollars in a marginal sale, but you will incur the wrath of a number of stakeholders who would be more than willing to spread the word far and wide about your greedy ways. And that reputation will last for a long time in the entrepreneurial community.

Dividend 48

Dividend Preferred Stock IRR Participating Preferred 48

abovethecrowd.com

APRIL 20, 2016

Do you feel the need to raise more capital quickly before the prices erode further and bring down your IRR? They use the reputation of the other investors as a proxy for due diligence. They didn’t call you before when they built their reputation. Even though you know this may be bad for the company in the long run?

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

David Teten

NOVEMBER 23, 2020

The founders of such companies inherently are taking a financial risk, reputational risk, and career risk. Traditional KPIs are, in descending order of importance: IRR (and secondarily Multiple). Traditional equity VCs are looking for high-risk, high-reward, “swing for the fences” models. Firm revenues.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60