We have analyzed data over the last 15 years for venture capital investing and the performance related to those activities. While it is clear from this analysis that the halcyon days were from 1994-2000, there are some very positive signs that the industry is still very much an attractive asset class. In a field where most investment managers don’t even strive for a single, VC regularly scores doubles, triples and even the coveted home run. The returns on these home runs are so large as to forgive any strikeouts industrywide.
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