If you work in VC and you’re not following this blog, VC by the Numbers, I suggest that you do.
VC by the Numbers discussed “Triple Crowns” and why these make for the best investments as compared to “unicorns”. In this blog (and in my book) I argue unicorns are overrated on a regular basis.
What are “Triple Crowns” ? From Unicorns are overrated, Triple Crowns are Better: These are the financing that met these three conditions:
1.”Realized a cash-on-cash multiple of at least 10X, and
2. Realized an IRR of at least 100%, and
3. VCs invested at least $1M. “
Correlation Ventures studies have shown that while unicorns make up some 3% of ventures financings since 2006, triple crowns make up only 2%. CV’s David Coats expresses his belief that the focus on unicorns and later stage-greater need for financing is an unhealthy trend for the VC industry.
How are you training for 2019 ?
Since we’re still at the beginning of the year, are you implementing anything new and exciting in your workout ?
A buddy of mine talked to me about Spartan SGX or Spartan Strong Classes and told me to try it out. Here is the link for those type of classes. (these are 90-minutes long)
Winter[fell] is here in 2019
In 2017, I wrote a best-read post on the Season 7 of the Game of Thrones. The expectations are high for this year’s final season. Let’s remember:
It is For The Throne, not Winterfell.
Nah,
The best show is coming up in 2 months
Billions
We have readers who are fans of GOT, while others are fans of Billions.
I made comments on both shows.