Nick Tomaino says even top-decile 9-year venture funds have a DPI of just 1.18x, underscoring weak cash-return benchmarks across VC. He contrasted that with 1co

Nick Tomaino says even top-decile 9-year venture funds have a DPI of just 1.18x, underscoring weak cash-return benchmarks across VC. He contrasted that with 1confirmation’s net DPI: 7.08x for its 2017 fund, 3.25x for 2019 and 0.19x for 2022.