Discussion:
1: Introduction
2: About Appian Ventures
3: Importance of early stage investments
4: VC fund performance
5: Basic VC fund structure
6: Role of institutional investors
7: IRR as a primary measurement
8: Simple ROIs
9: Growth in VC fund sizes
10: VC staff and company boards
11: Opportunities and risks of seed stage investments
12: Drivers of IRR
13: Exits and liquidity
14: Gross fund proceeds vs net LP proceeds
15: Replicable success
16: Company building vs company picking
17: Changing role of angels
18: Job creation and capstone companies
19: Capital efficiency and size of exits
20: Portfolio sales totals
21: Summing up
22: In closing |