Useful for VC

by Andrea Badia and · updated 8mo ago

Letter #154: Josh Kushner and Kareem Zaki (2023)
by KG
open.substack.com
andrea added 8mo ago
Ideas framework for venture outcomes — TINA HE
tinahe.xyz
phoebe added 10mo ago
nice differentiated framework to evaluate good ideas
Metric at IPO

KVYO

BRZE

Primary Motion

PLG

SLG

Revenue Growth

54%

52%

Revenue, $m

585

185

Gross Margin

77%

72%

ACV, $k

4.5

169

NDR

1.21

1.26

Est. Sales Efficiency

1.04

0.61

Profitability

4.7%

-21%

CFO / Revenue

18%

- 17%
from A New Marketing Behemoth Klaviyo : How 7 Key Benchmarks Stack Up in the S-1 by @ttunguz
Andrea Badia added 1y ago
Frameworks
by Sarah Tavel
sarahtavel.medium.com
Andrea Badia added 1y ago
P9 Library
pointnine.com
Andrea Badia added 1y ago
r/startups - Reddit
reddit.com
andrea added 1y ago
VC is a Power Law business which means only a few cos deliver most of the returns - David Clark from VenCap breaks it down with data on 11.350 companies from 259 funds from 1986 - 2018. Only 1.1% out of 11,350 cos returned the whole fund!

David Clark responded to my tweet that median fund size for fund returners was $350M and many funds >$1b