by Nicolas Rabener | Dec 20, 2021 | Uncategorized
How Much Does a VC Need to Make? Musing about venture capital return assumptions December 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYVenture capital funds are highly sensitive to exit multiples given the skewed ratio of winners vs losersThe...
by Nicolas Rabener | May 24, 2021 | Uncategorized
Portfolio Construction in Venture Capital Lessons from public markets May 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY A few winners generate most of the venture capital returns Given this asymmetrical return distribution, portfolios should be...
by Nicolas Rabener | Feb 17, 2020 | Uncategorized
Venture Capital: Worth Venturing Into?Replicating Venture Capital Returns February 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CFA Institute’s Enterprising Investor blog. Here is the link. SUMMARY Venture...
by Nicolas Rabener | Jan 20, 2020 | Uncategorized
Private Equity: Fooling Some People All the Time?Debunking the Myth of Uncorrelated Returns January 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CFA Institute’s Enterprising Investor blog. Here is...
by Nicolas Rabener | Dec 3, 2018 | Uncategorized
Private Equity: The Emperor has No Clothes Replicating Private Equity with Public Equities December 2018. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CFA Institute’s Enterprising Investor blog. Here is...
