Maximilian Schroeck, David Mes: Venture Capital’s “J” Curve Becomes A “W”
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.”
21 May 2012•3 mins read
