DPI

“AUM is a game of politics for losers. DPI is the game of winners. That's how it works. So you can coast by being a political AUM person for a while, but you have nothing to be proud of because all you are is a salesman of stories versus someone who delivers re…”

“Like, again, they're just like, I think most of the seed venture funds that exist today will not exist in a few years because to the point we're talking about, there's like, there's no DPI and people's appetite to fund these things because they under think of …”

“They analyzed 71 funds from vintage years, oh five to oh eight. And they found that the correlation between year five DPI and current DPI was just 0.22.”

“Like this Carta report is kind of content marketing nonsense because these funds are just too young to have any meaningful metrics or DPI in the first place.”

“I think there's maybe an over Emphasis on DPI, and that is probably, you know, if this ever makes it on the air, it's, I'm probably gonna get all sorts of angry phone calls and emails and letters, but I just think that that's not the whole story, but it seems …”

“We were meeting with a very large LP today who summarily said to this we have a lot of data on this and we can definitively say that the venture capitalists that are tweeting the most are not the ones producing the DPI.”