Distributions

topic on 2 shows · 5 statements across 5 episodes

Capital Allocators 20VC

5 statements about Distributions, every show

20VC Prediction Not checkable as stated
Calacanis: Massive AI Distributions Will Mask Underperforming VC Funds
“I do think these distributions will, I think the distributions will facilitate us somewhat ignoring maybe some bad funds.”
Jason Lemkin Jun 4, 2026 ▶ 1:23:50 Anthropic Files to Go Public | Cognition Raises $1BN at $26BN Valuation | The 996 Work Ethic · 20VC with Harry Stebbings
20VC Insight
Lemkin: Net VC distributions are never as good as top-line math
“My life experience where you have more is that four X is always like three X. Like, whatever, like, there's always a reason when you actually see the distributions, like, whatever that math is, it's never as good as it looks, right? However good it is, it's ne…”
Jason Lemkin Jul 17, 2025 ▶ 15:42 Windsurf x Google x Cognition: Full Breakdown: Who Made Money, Who Did Not · 20VC with Harry Stebbings
20VC Assertion Contradicted
Lemkin: Thoma Bravo generated $30 billion in distributions last year
“Tom O'Bravo had, had thirty billion dollars in distributions last year. Thirty billion dollars. I think that exceeds most guests, right? Thirty billion in distributions, not paper markups, but distributions.”
Jason Lemkin Jun 5, 2025 ▶ 1:43 Is DPI The Only Thing That Matters? with Sam Lessin, Jason Lemkin & Rory O’Driscoll · 20VC with Harry Stebbings
CAPITAL ALLOCATORS Assertion Supported
Dawn: Private equity distributions to AUM are near historic lows
“In this environment where distributions have almost been at historic lows compared to assets under management”
Nigel Dawn Apr 8, 2024 ▶ 18:21 Nigel Dawn - Secondaries in Private Markets (EP.378)
Ou: GroveStreet pulled forward 2.5 years of distributions during 2020-2022
“So we kind of pulled forward two and a half years of distributions. We could have Zero distribution in 23, 24 and a half of 25 to get back to the average historically.”
Bruce Ou Oct 30, 2023 ▶ 46:41 Bruce Ou – Private Market Investing at GroveStreet (EP.347)

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