Cem Sertoglu: Bek Ventures Fund 1 achieved 20x MOIC, 85% from UiPath
Cem Sertoglu · Cem Sertoglu: Lessons from the Greatest Venture Investment in European History | E1228 · 20VC with Harry Stebbings · Nov 20, 2024 · at 0:00
Cem Sertoglu is the Managing Partner at Bek Ventures. He details the overall return multiple and distribution of proceeds for Bek Ventures' first fund.
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“The best single venture investment, you know, 16 and a half million investments that has brought us back to .1000000000 dollars in proceeds. So fund one is 20 time multiple on invested capital. 2.7 of that is non UiPath. So about 85% of the proceeds of fund one have been UiPath.”
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