Fund Returner
topic on 2 shows · 3 statements across 3 episodes
3 statements about Fund Returner, every show
Lemkin: Fund-returning investments are overrated and insufficient for venture capitalists
“A fund return is not enough, man. We don't get out of bed for a fund returner. A fund returner just returns the fund. Like, everyone talks in venture about fund returners like they're so great. I don't think they're so great.”
Clark: 45 Venture Investments Have Returned $1B+ to a Single Fund
“So we had a look at our data and we found 45 investments that have returned a billion dollars to the single fund that invested and were also fund returners.”
Crabtree: Pitching 'what if I'm right' shifts investors to upside thinking
“And if you get an investor thinking through the lens of what if I'm right, that's how you get them thinking about, oh, this is the fund returner. This is the outlier inside of the fund, because now they're just thinking about the biggest upside case instead of…”