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May 13, 2020 11:13 am GMT

AngelList wants to improve comparing VC fund performance with new metrics and calculator

There is immense opacity in the venture capital industry, and that has made comparing venture funds notoriously difficult. Traditional benchmarks calculated by groups like Cambridge Associates bucket VC funds into vintage years and place funds into quartiles based on metrics like IRR (rate of return adjusted for time) and DPI (or the amount of capital […]

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