Palihapitiya dismisses TVPI as bullshit metric, says only DPI matters citing Airtable transaction
“@PeterJ_Walker This is a stupid conversation because you’re highlighting the wrong metric. Only thing that matters is DPI. TVPI is bullshit. See today’s Airtable transaction as a reminder.”
Palihapitiya cites median DPI barely over zero for 2019-2020 VC vintages as terrible performance
“Overwhelmingly most VCs are terrible practitioners of the craft. “This is best demonstrated by the paucity of DPI that has been generated by most recent fund vintages. In each of the 2019 and 2020 vintages, for instance, median DPIs are still barely over zero, and less than”
Palihapitiya cites median DPI barely over zero for 2019-2020 VC vintages as terrible performance
“Overwhelmingly most VCs are terrible practitioners of the craft. “This is best demonstrated by the paucity of DPI that has been generated by most recent fund vintages. In each of the 2019 and 2020 vintages, for instance, median DPIs are still barely over zero, and less than”