BFP #OpenLP Series — How we assess fund investments: (3) IRR

IRR reflects the Internal Rate of Return, taking into consideration the capital returned and the time at which the capital flows. It is designed to take into account the time value of money, reflectin...

The Future of Data-Driven Venture Firms

Venture capital is built on the business of capitalizing on innovation and disruption. While venture capitalists are adept at identifying entrepreneurs and companies at the forefront of changing trend...

A Stats-based Look Behind The Venture Capital Curtain

I was catching up recently with a friend who had just celebrated her 15th year as a venture capitalist. We were sitting on a bench in San Francisco’s South Park and during the course of the hour cha...

The definitive guide to London Seed Venture funds

I came across this brilliant London-based founder who’d been courageously talking to investors all over Europe but had somehow missed all the most talented local seed funds . We can solve that —...

BFP #OpenLP Series — How we assess fund investments: (2) MoIC & DPI

Multiple on Invested Capital (MoIC) is calculated by dividing the fund’s cumulative realized and unrealized value by the total dollar amount of capital invested by the fund. Distribution to Paid-...

State of the Startup & Venture Capital Landscape in DACH, 2018 Edition

For the 3rd edition (we started back in 2016) of our annual presentation of the German-speaking startup and venture capital landscape, we’ve extended our scope from Germany to factor in the increase...

BFP #OpenLP Series — How we assess fund investments: (1) TVPI

Total-Value-to-Paid-In-capital (TVPI), or the investment multiple, is calculated by dividing the fund’s cumulative distributions plus its residual value by the amount of paid-in capital (as opposed ...