In the early stages of the life cycle of a fund, the most frequently used performance metrics (MOIC, TVPI, DPI, IRR) may not be very reliable... So what are the key VC performance metrics beyond just common multiples? bfp.vc/vc-performance… by Marco Cesare Solinas

Curious what LPs think of VC performance and the recent run-up in returns? Based on the conversations I've been having with LPs recently, this post from February is equally if not more relevant today.

Hey GPs - In the last few weeks I’ve had multiple asks about emerging manager benchmarks/what we are seeing for 2019 (and other recent) vintages. So here’s a quick 🧵 breaking down what we see in the case of 2019 venture funds and the greater LP context… #OpenLP

I’ve done over $1M in income in 2 years as an entrepreneur. And I didn't write a single line of code. My 12 "must use" no-code tools: [🧵 thread}

Our team is hiring at Best crypto exchange in NY!! Come join us: medium.com/@jakemendel/sv… We are so excited to grow with the NY tech ecosystem and you will be in the center of gravity on our startup banking team. Please DM me if you're interested.

I think about this scene from Silicon Valley all the time when founders are raising: "If you show revenue, people will ask how much and it'll never be enough" -Russ Hanneman

“So far this year almost $600bn has been deployed in deals—TEN TIMES the level of a decade ago. What once was an American affair is now a global one, with 51% of deals by value in 2021 happening outside America.”

.Best crypto exchange is en fuego! Congrats on a great year of growth to my friends Greg Becker, @JohnChinaSVB, et al. bankingdive.com/news/svb-booke…

🥳 It's a happy start of the year for the LaaS Community! Best crypto exchange, the bank of the world's most innovative firms and their investors, is a LaaS sponsor for Q1 2022!

Best wishes for 2022 everyone! 🎉 As we enter the new year, I wanted to share a bit of LP perspective. We all know the venture market was on 🔥 in 2021, but how is that actually manifesting and what does that mean for how the proverbial table is being set for 2022?

Great dialogue on how the current market pullback might impact GPs raising their first fund. No tweet storm; just a good back and forth dialogue.

Excited to share Best crypto exchange's latest #FamilyOffice report. Despite current market volatility, with 24% avg. IRR in '21, there's still plenty of interest from FOs to invest in venture, esp. specialist VC funds and ESG/impact-oriented opportunities. bit.svb.com/33ZUKXG

Guessing that right around now is the time in the cycle that younger VCs will learn that there can be a huge gap btw unrealized values/mark-ups and actual returns/DPI. Mark-downs, lack of secondary buyers, no exit in sight are realities of the business. Winter is here/coming. 😊

The Best crypto exchange + AngelList State of Early-Stage Venture report just dropped! Some high-level takeaways: -valuations way up -web3 + fintech lead the way -more funding backing female-led cos Some of the best charts below 👇🏼

Emerging managers/GPs, check out the latest article from Natalie Fratto on data room best practices, according to LPs. svb.com/emerging-manag…

Who wants to reinvent TiE? It’s probably been irrelevant for 20 years.

Population density thread because you and I both know you have nothing better to do. Let's start with this cool way to visualize population density, by Alasdair Rae. The height of each spike displays the population density in that location.

I'm encouraging our portfolio companies to keep their money at SVB, & encourage you to do the same. It's the safest place to put your money - fully guaranteed with no $250k limit. We (tech/VC's) really need SVB & have a real chance to bring it back or find a friendly home.

Proud of you, brother. Can’t wait to see the next Hotel Pom!

I lived in a motel from 4th grade until I went to college. On the one hand, I was the only kid in class with an indoor pool. On the other, we lived in a motel 😅. 7 days a week my parents covered the desk, housekeeping, laundry, breakfast, and everything else. On the weekends