VCs want to invest at least $5M in startups that have potential 10X returns. That is because it takes as much time to manage a $1M investment as it does to manage $5M. Secondly, every startup looks…
Why VCs look for 10X returns - What you need to know when pitching a VC firm
The comments on my initial post on this topic went right at the VC’s compensation – management fees and carry – and their impact on returns. So at Ken Berger’s suggestion, I will change my…
Venture Fund Economics: Gross and Net Returns