At Kleiner, Vinod Khosla invested $3m in Juniper Networks in 96, stake was worth $7b at IPO in 99 Benchmark’s $85m Fund 1 returned $5.5b off eBay (230x), Chris Sacca’s $8m Fund 1 returned $2.2b off Uber/Twitter, Ribbit put 1/3 of their fund in BTC for 70x fund 1 Power law rules
Every time I write a check all I’m looking for is a way to 70x my fund 1… :) Pls dm if you have a company that will return 700m to my fund ty
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