3min chapter

Panic with Friends - Howard Lindzon cover image

Jeff Richards of GGV Capital on Finding Growth in the Current Market Malaise (EP.253)

Panic with Friends - Howard Lindzon

CHAPTER

The Importance of DPI and IRR in Venture Capital

Venture capitalists were returning record amounts of capital back to LPs, but also showing really strong IRRs. GGB has always been a very DPI focused firm and made a commitment last year we wanted to have as much DPI in 22 as we did in 21. "I don't think folks in our industry collectively really understood maybe with a couple of exceptions how important the zero-registrate environment was," he says.

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