Hacker News new | past | comments | ask | show | jobs | submit login

Besides the fact that Skype was an exceptional insider deal these numbers can be misleading ("twice over" for a 10 year fund is about 7% a year and IRRs are distorted when money is returned early because you are not getting that return for the remaining period of investment).



Also, if we're looking at the 2009 onwards, the S&P500 has returned an average of 18%, a 2.28x return.

(2009 - 2013 figures from here: http://en.wikipedia.org/wiki/S%26P_500#Total_annual_returns)


But insider deals are a key part of venture.


The point is a Skype-type no-shop deal is unlikely to be replicated.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: