? to LPs/VCs How is net IRR & TVPI calculated?Markups or actual exits distribution? What's avg,good,great? & what's top MOIC multiple seen?
-
-
Replying to @peterpham
.
@peterpham both IRR (net or gross) & TVPI are based on markups; thus arguably still kinda BS. DPI = actual distributions, which are 4 realz1 reply 5 retweets 13 likes -
Replying to @davemcclure
got it.so many letters :) are you also going to disclose dvi?
1 reply 0 retweets 1 like -
-
Replying to @peterpham
not much yet, only ~0.15x for Fund I -- however if we count TWLO (public, but still in lockup) then it's more like 0.6-.7x
2 replies 0 retweets 3 likes -
Replying to @davemcclure @peterpham
i think your fund 1 must have landed much higher in the end :)
1 reply 0 retweets 6 likes -
Replying to @jhong @peterpham
500 F1 still growing (TalkDesk, Udemy, Lucid, Intercom, etc); currently @ 6X net, 2X DPI, >20% IRR after 10 years.
1 reply 0 retweets 4 likes -
that’s great!
1 reply 0 retweets 1 like -
not quite
@sacca but we did ok. (turns out 500 wasn’t as crazy as everyone thought... whaddya know)1 reply 0 retweets 2 likes -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

