Ibbotson Small Cap Return

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20VC

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20VC Insight
O'Driscoll: VC requires 25%+ gross returns to justify 2&20 fees over public markets
“The only reason you can pay in the long term, two percent to VCs and 20% of the profit is because the gross returns have to be high enough, 25% plus, that the net return is still, you know, 20%, which is so far above the Ibbotson small cop return of 11, 12% th…”
Rory O'Driscoll Apr 30, 2026 ▶ 1:23:30 Anthropic Raises $45B but Falls Short on Compute & Thoma Bravo Hand Back Medallia Keys to Creditors · 20VC with Harry Stebbings

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