3 ms·

A whole lot can happen between 'unrealized' and 'realized'

• Blexel 13y ago
  Its also a little disingenuous that they touted the funds "performance" 10 days after one of their two success stories had a huge bump in valuation. Had they decided to celebrate their unrealized IRR on Jan 10th (i.e without the huge valuation bump for Teespring) it would have probably been in the mid teens.
• hkmurakami 13y ago
  In this case, "illiquid" vs "liquid" is probably apt.
• notahacker 13y ago
  Especially if one of the two startups driving all the growth is probably a Bitcoin startup. If I'm reading the graph correct, the other spin that could be put on it is "majority of FundersClub investments receiving follow-on equity funding get it at lower valuations than FundersClub seed funding" Maybe you could plot that against the increase in valuation between YC seed funding and the next round for YC12...