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The Alphabet Soup of Performance: IRR, C-on-C, TVPI, DPI, or PME?
The Business of Venture Capital
Mahendra Ramsinghani
Supply and demand, prices and elasticity — as VCs chase risk-adjusted returns, the valuation curves in later-stage companies have started to bend dramatically.
The Business of Venture Capital
Mahendra Ramsinghani
This has practically NEVER happened in recent history:
Since January 2024, gold is up ~31%, the 10-year note yield is up 22%, and the US Dollar Index is up 7%.
To truly understand how unprecedented, you must first understand their historical relationship.
Let us explain.
This Has NEVER Happened...
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