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Venture Capital doesn't generally work that way unfortunately. VCs typically shoot for 10x over 5 years with the fund's total lifespan being approximately 10 ye
by aclimatt 14y ago
Venture Capital doesn't generally work that way unfortunately. VCs typically shoot for 10x over 5 years with the fund's total lifespan being approximately 10 years (from initial investment to return). So it's hard for VCs to make longer-term investments in companies like Google which took 14 years to get where they are today. (Sure, in the case of Google they could have flipped it sooner, but even a few years ago it wasn't worth what it is today.)
- lurker14 14y agoGoogle's IPO was in 2004 at age 6-years and returned 100x on investment, and has had "regular" (on the high-end) big-cap growth since.