Ben Lakoff(@benlakoff):Venture works.... But, the default version doesn't. More people are thinking about this now that T-bills are >4%. 3x net DPI Fund over 10 years = 11.6% IRR* (* changes w/ cap calls & distribution timeline) Top quartile '17 vintage funds: 0.6x DPI... & ~16% net IRR. September deal flow digest... what I'm watching instead:

Ben Lakoff

@benlakoff

Entrepreneur | Investor | CFA @banklessvc

Joined May 2017

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Ben Lakoff@benlakoff

2026.10.04 10:38

Venture works.... But, the default version doesn't. More people are thinking about this now that T-bills are >4%. 3x net DPI Fund over 10 years = 11.6% IRR* (* changes w/ cap calls & distribution timeline) Top quartile '17 vintage funds: 0.6x DPI... & ~16% net IRR. September deal flow digest... what I'm watching instead: