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Aren't YCVC investments safes (nee notes) which have recently been averaging around $5m caps? 4-5x still pretty good.
by pbreit 13y ago
Aren't YCVC investments safes (nee notes) which have recently been averaging around $5m caps? 4-5x still pretty good.
- wellboy 13y agoYeah, 50 startups * $80,000 * 5 = $22M per batch return with "no" work involved. But this might be an annoyance considering him aiming for $300M return/year or so in his later-stage fund.