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The Only Metric That Matters Is How Much Cash I Put In
I made my first venture fund investment in two thousand six, and i am still getting distributions from that fund. I'm looking at im like, this is a two point four x over that period of time. Two and a half times your money in 16 years. What's that i r r? It's like, low teints. Not a great deal. And so it doesn't feel to me like a, you know, the just, generally, private investing, everyone gets excited because we all get sold stories.