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Like everyone else already said, VCs can't reinvest so they dont really want 2x returns. Anyways, there's a excellent blog post that explains this very clearly
by kooshball 15y ago
Like everyone else already said, VCs can't reinvest so they dont really want 2x returns.
Anyways, there's a excellent blog post that explains this very clearly. It is written for founders to understand the VC's perspective when investing. Does anyone know what I"m talking about?
- gammarator 15y agohttp://www.danshapiro.com/blog/2010/08/vc-insanity-economics/ http://www.danshapiro.com/blog/2010/08/vc-insanity-economics...
- kooshball 15y agoThank you thank you thank you! I been looking for this article for the last few months now.
- ChuckMcM 15y agoWow that is an awesome article, so one wonders if a fund is nearing its 10 year expiration, can they spend the 'reserve' on a fast exit like this?
- mikeleeorg 15y agoGreat article! Also related: Brad Feld's book "Venture Deals" goes into detail on a lot of what Dan Shapiro mentions in this article.