So good @Curiousjorge65
Harry Stebbings
Harry Stebbings4.8. klo 22.13
3. The Framework We Use to Underwrite Multi-Billion Dollar Funds For example, a $7BN fund at 5% average entry ownership implies $140BN portfolio value. To achieve a 4× net return in a 2 on 20 model the fund needs to be 6x. That is $840BN in exits. The best year in the VC exit market was ~$850BN in 2021. Do you think this is the right assessment thought process to evaluate BN funds? @rabois @altcap @DavidGeorge83 @paulbz @bonatsos @lessin
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