The Era of Multistage VC Funds?
Investing in growth & innovation: Venture Capital is by default a risky asset class. But venture capitalists expect their money to be doubled. While a lot of businesses may end up generating a negative return, the ones that succeed are providing at least 2-digit margins, if not more. The National Bureau of economic research has stated that a 25% return on investment on average is realistic (as a mean between failed ventures and very successful ones).