Venture Capital - The Returns From the Vintage Years

Venture capital is attracting young business people and turning heads in the investment community. One university treasurer told me his school's 29 thousand dollar investment in yahu via a venture fund grew to 54 million dollars if it hadn't been sold. A quarter or more of the funds raised in almost every year provided returns ranging downward from ten % to negative territory. For each vintage year, beginning in 19 94, there has been at least one fund with a return above 200% per year.