DPI is the new IRR
For years, IRR (Internal Rate of Return) has been the star metric in private market circles. But in today’s market, investors are starting to ask a different question: “How much cash have I actually gotten back?” That’s where DPI (Distributions to Paid-In Capital) in private market funds steps in as the real measure of performance. […]
How the Figma IPO Delivered One of VC’s Biggest Wins
Wall Street hasn’t seen a debut like this in years. In just hours on July 31, Figma’s stock skyrocketed 250%, minting billionaires and reigniting the IPO market’s heartbeat after a long drought. Figma’s IPO just rewrote the record books and the bank balances of early backers. Index Ventures and Greylock Partners walked away with about […]
