Already an Angel? Become a VC in two working sessions, and we may invest in your fund. Seats close Sept 15.
Save My Free Seat
Cohort 22 launches September 10. Bring a founder, an angel, or an LP who belongs in the room. The VIP Launch Mixer is free and online.
Reserve a Spot
0

How should fund returns be calculated for companies with follow-on investments and varying valuation caps?

When calculating fund returns, how should we treat companies where we made follow-on investments? Is it okay to group investments in the same company if valuation caps change?
1 See in Base
0
calculate that as part of the the markup

Join VC Lab

Raising your first fund? VC Lab has helped launch 950+ venture firms, with no fees and no equity taken. The average Start Fund reaches first close in 58 days.
Apply Now