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I've invested in 35-40 different venture funds. The single best fund, by far, has returned 7.89x. For every $100,000 invested, they returned $789,000. And they aren't done yet. Sub $100m fund, tons of QSBS, couple unicorns, 4+ IPOs. When venture works, it really works.↗

·@sulemanali·Aug 29, 2023·essay·investment·ipo·returns·unicorns