The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

2. Venture Capital — Funds, Angels & Entrepreneurs (Chris Yeh)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

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The Longest Time to Return

The shortest time to return I've ever had is one particular company was a Y Combinator company. The longest investment that I made in 2005 is still going. It's nine years in counting and God only knows when it'll actually get a return. For a big fund to really move the needle, they want to make 50 100 times their money.

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