Shared, read-only · private
Unknown Ventures I LP
Unknown Ventures I LP is a $25,000,000 fund. The fund will charge 2.0% management fees per year and a 20.0% carry. We will make 29 investments at an average of $750,000 per company.
Capital Flow
Total Proceeds = $85,800,000
Return the fund
Multiple analysis
33.3x
Required exit multiple on the $750,000 initial check.
Valuation analysis
$416,666,667
Required exit valuation at 6.0% ownership at exit.
Your top-tier exit multiple (32.0x) is close to the 33.3x needed to return the fund on one company. The strategy is roughly calibrated for one-hit fund-returning outcomes.
Thresholds use called capital ($25,000,000) ÷ per-company allocation or initial check. Initial postmoney is derived from your initial check size (largest stage, before reserves) and the initial ownership input.
Investments by outcome
Proceeds by outcome
| Summary | Total Fund | LP Only | GP Only |
|---|---|---|---|
| Called Capital (Paid in Capital) | $25,000,000 | $24,500,000 | $500,000 |
| less Management Fees | $4,900,000 | $4,900,000 | $0 |
| less Fund Expenses | $1,150,000 | $1,127,000 | $23,000 |
| plus Recycled Capital | $2,500,000 | $2,450,000 | $50,000 |
| Invested Capital | $21,450,000 | $20,923,000 | $527,000 |
| Proceeds | $85,800,000 | $83,692,000 | $2,108,000 |
| less Recycled Capital | $2,500,000 | $2,450,000 | $50,000 |
| Carried Interest Paid | $11,348,400 | $11,348,400 | $0 |
| Carried Interest Earned | $11,348,400 | $0 | $11,348,400 |
| Distributions | $71,951,600 | $69,893,600 | $2,058,000 |
| Returns | Total Fund | LP Only | GP Only |
|---|---|---|---|
| Gross multiple | 4.00x | 4.00x | 4.00x |
| Net multiple | 2.88x | 2.85x | 26.81x |
| Gross IRR (estimated) | 28.5% | 28.5% | 28.5% |
| Net IRR (estimated) | 21.1% | 20.9% | 81.4% |