Bid farewell to the Venture investment “J-curve,” the notion that a venture fund has to suffer through negative returns in the early years before progressively yielding positive returns and generating liquidity in the outlying years. These days, VC funds and their investors have to deal with an even more challenging reality: a “W-curve.”
3 min read · 21 May 2012
The secondary market for shares of venture-backed private companies will remain largely under served for years to come. More information transparency is needed for it to live up to its potential.
3 min read · 18 April 2012
