The Pursuit of Scrappiness

INSIGHT #16: VC Reveals The Inside Pressure Of Hitting 3X Return Benchmarks And Having To Wait 6–8 Years To Know Whether The Fund Succeeded (And Most Don’t)


Listen Later

This is an insight from our previous conversation on the intricacies of VC business:

  • Winners in VC portfolios usually take 6–8 years to emerge—sometimes longer.
  • The 3x return benchmark is extremely difficult to hit.
  • Many funds don’t actually meet their targets, especially emerging managers.
  • Emotional reality: fund managers often don't know if they succeeded for almost a decade.

Jone Vaituleviciute is the managing partner and co-founder of Firstpick, an early-stage VC and accelerator program based in Lithuania and operating across the Baltics. In this episode we decided to focus more on VC as a business rather than looking at startups and founders from a VC perspective. Before starting Firstpick, Jone was a partner at StartupWiseGuys. 

Listen to the full conversation with Jone here on Episode 164:

  • Link to Spotify
  • Link to Apple Podcasts
  • https://www.pursuitofscrappiness.co/episodes/164-jone-vaituleviciute

==

If you liked this episode or simply want to support the work we do, buy us a coffee or two, or a hundred, with just a few clicks at: https://buymeacoffee.com/pursuitofscrappiness

Find all episodes on >  https://www.pursuitofscrappiness.co/

Watch select full-length episodes on our YouTube channel > https://www.youtube.com/channel/UCP6ueaLnjS-CQfrMCm2EoTA

Connect with us on Linkedin > https://www.linkedin.com/company/pursuit-of-scrappiness/

===============



Support the show

...more
View all episodesView all episodes
Download on the App Store

The Pursuit of ScrappinessBy Uldis Teraudkalns & Janis Zeps

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings


More shows like The Pursuit of Scrappiness

View all
The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,861 Listeners

LHV by LHV

LHV

1 Listeners

FT News Briefing by Financial Times

FT News Briefing

674 Listeners

Šķiltava | Žurnāls Ir by Žurnāls Ir

Šķiltava | Žurnāls Ir

4 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,911 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

72 Listeners

Investeerimisjutud by Swedbank Eestis

Investeerimisjutud

2 Listeners

Ukraine: The Latest by The Telegraph

Ukraine: The Latest

1,870 Listeners

Nestor & Koppel by SEB Eesti

Nestor & Koppel

0 Listeners

Kāpēc by Delfi.lv

Kāpēc

1 Listeners

Off The Record Podcast by Käsitle seda infot justkui "Off The Record" ehk mitteavalikult

Off The Record Podcast

0 Listeners

Sestdienas Rīta Kafijas podkāsts ar Valteru Vestmani by Valters Vestmanis

Sestdienas Rīta Kafijas podkāsts ar Valteru Vestmani

0 Listeners