<ul><li>The median 2017 VC fund is 7 years into a 10-14 year lifetime and is sitting at 1.8x TVPI.</li><li>After accounting for fees and expenses, the median fund sits closer to 1.4x to its own investors.</li><li>The goal for VC funds is to achieve a 4x TVPI, which translates to 3x after fees to their own investors.</li><li>However, the median 2017 fund is not close to reaching its goal, indicating the challenges of doing well in venture capital.</li></ul>

Just Being Pretty Good at Venture Capital Isn’t Good Enough

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