Weisburd: LPs lack true returns data to evaluate VCs until Fund 4
David Weisburd · David Weisburd, 10X Capital: Finding Alpha and LP Bias · Sourcery with Molly O'Shea · Mar 8, 2024 · at 23:47
David Weisburd, Co-Head of VC at 10X Capital, discusses LP re-up dynamics and the lag in DPI data with Molly O'Shea.
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“What's kind of crazy about VC is that you don't really know until fund four. Why is that? Because you typically are raising in two, three year increments. So you don't really know. You don't really have DPI until let's say fund three. So you don't know. You don't actually have the returns data.”
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