2min chapter

Cleaning Up: Leadership in an Age of Climate Change cover image

The Clean Tech Network Effect - Ep127: Emily Kirsch

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

How to Value Your Portfolio in a Second Fund

In fund one, we track what was the value of the startups when we invested relative to the value today based on an actual round that has closed. And and so for those that have raised subsequent rounds, which is the majority of them at this point, we've seen a 5.7 x valuation growth rate or valuation appreciation with the top performers being closer to like 10 or 11 x. It's something that we track because we're still early enough in the fund life that things like multiple on invested capital, which I think is really the Holy Grail.

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