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Since you're a VC, you might do well to write an article explaining what the VC hit rate is (so they understand the percentages), IRRs, and what the carry and take are.

It would help young entrepreneurs understand exactly how you are making money off of their work, which would promote greater understanding when it comes time to make tough decisions from both sides.



NB: you're responding to "pge" not "pg" -- pretty sure they're not the same people.


It's pretty clear that pge is also a VC.


Yes - as I've noted in other posts, I'm a partner at a VC firm. Your suggestion is a good one - I've already started putting something together. There have been some pretty good tutorials on the web in the last few years, so I'm a little worried the work is redundant, but I'll see if I can put something together that is reasonably comprehensive but concise. We're also a large firm, so I can't get everyone here to agree to share any of our data publicly, which I would like to do, since it would make it easier to use real numbers.




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