BFP #OpenLP Series — How we assess fund investments: (1) TVPI
Sep 04, 2018
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 ...
#Outperformance in #venture is a game of power law, but enterprise vs consumer patterns differ:
Ent = 🧺of exits / ... IPO or M&A in ↕️ mkt
Consumer = Large individual exits / IPO in ⬆️mkt
🙏@beezer232 & @EvanTarzian for the analysis. Read the full report 🔗https://bit.ly/3Cf17Uv
The latest #OpenLP newsletter on what's in store for venture + resources/tips for VCs
🙏Insights x @AdamLewisPI, ... @Beezer232, @cupazhou, @danprimack, @edsim, @hunterwalk, @KateClarkTweets, @mikeeisenberg, @natewcl, @rrhoover, @saka_nuru & @vedikaja_in
Still digesting this chart… “Historically, Top Quartile DPI has exceeded 2x in only a small handful of years”. ... 👇 got to go for the outperformce https://twitter.com/meghankreynolds/status/1576590841799245824
6 years in venture, dozens of convos w LPs, 4 key questions to each & ~12K words that aim to demystify the opaque ... 🌏 of #LP investing.
To be or not to be an LP
What makes a phenomenal (vs good) GP
Common advice to ignore
Bravo @cupazhou 👏👏👏