Returns
topic on 5 shows · 15 statements across 15 episodes
Another Podcast 
My First Million 
WTF is with Nikhil Kamath 
Capital Allocators 
20VC
15 statements about Returns, every show
Lemkin: Early-stage VCs chasing massive TAMs will see terrible returns
“I think a lot of funds are going to have terrible returns because a lot of early stage funds are going to swing so hard for the fences that they're going to invest in the number three or the number four and get just zeros after zeros because there isn't a chan…”
O'Driscoll: VC reaction cycles take up to seven years
“In the end, the only thing that matters is returns. The only question is how long does in the end take? We're in an industry which has very long reaction cycles. You know, you put in the money, you don't get single for five years, you don't figure it out for s…”
O'Driscoll: Excess market capital is massively eroding venture returns
“The capital is definitely massively eroding the returns.”
Stan Boland: EIS and VCT fund returns range from 0.8x to 1.2x
“And, in fact, all the returns are somewhere between 80 cents and one dollar 20 on the dollar.”
Shankar: Plotted land development yields the highest returns for new entrepreneurs
“I'll tell you, highest return is, if you ask me, you take that 10 crores, invest in land, do some plotted development, develop it yourself and sell it. I think you'll get the highest return.”
Mauboussin: Heavy capital inflows into an asset class inevitably compress returns
“Anytime you see capital flowing into something, you should worry about returns. That's just, that's like a basic rule.”
Rees: Large Private Equity Fund Returns Defied the Conventional Scale Penalty
“While there was this prevailing wisdom that as firms got bigger, the returns would suffer the last several years. Was antithetical to that.”
Vasconcellos: Expanding fund strategy beyond core strengths harms long-term VC returns
“That greed is the number one enemy of returns and, you know, being greedy and kind of expanding your fund or expanding your strategy into multiple different things that maybe you're not the best at probably is, you know, short-term profitable, but sort of long…”
Evans: Outsized venture returns only come from contentious deals that look dumb
“If the deal was obvious and straightforward, and everyone agreed on it, everyone would be doing it, and it wouldn't make 50 times your money. And so the deal, all the deals that produce good returns for venture firms are the ones that people argue about, and t…”
Giannini: More capital in private equity does not necessarily lower returns
“I am not Of the view that more money necessarily means lower returns.”
Smith: Clothing Returns Cost Up to 66% of the Item Price
“And a return with clothing can cost up to 66% of the cost of an item.”
Gulati: Holding small portfolio positions causes death by a million paper cuts
“Having a lot of small 25, 51% positions is usually a way to not generate returns, and also you end up losing, I feel like it's death by a million paper cuts.”
Viswanathan: Massive influxes of capital degrade overall asset returns
“Any time you have an influx of capital into any asset class, just a sheer volume of capital coming in much more by a multiple, usually what you see is returns degrade.”
Zuckerman Is Not Convinced Renaissance Can Continue Historic Returns
“It does raise questions about the future, and I'm not convinced they can continue these kind of returns.”
Zorub: Institutionalization of alternative asset management has degraded investment returns
“I think the institutionalization of alternatives, it's been great for alternatives, like, let's make no mistake about it, it's been good for me and for many of the people in this room. I don't think it's been good at all for returns.”