Post by Garry Tan on X
Garry Tan@garrytan
XVenture Capital: 2% of the time it works every time
$9M of a $400M fund is 2% of the fund
2% * 753X return = 15X fund returner on one investment
This is the power law at work. Every VC fund that was an outlier did it this way.
795 likes9 repliesPosted Apr 12, 2019