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 = $85,700,000
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) sits well above the 11.1x needed to return the fund on one company. The strategy can comfortably absorb a single fund-returning exit.
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.
Use of capital
Total = $27,500,000
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 | $1,175,000 | $1,151,500 | $23,500 |
| plus Recycled Capital | $2,500,000 | $2,450,000 | $50,000 |
| Invested Capital | $21,425,000 | $20,898,500 | $526,500 |
| Proceeds | $85,700,000 | $83,594,000 | $2,106,000 |
| less Recycled Capital | $2,500,000 | $2,450,000 | $50,000 |
| Carried Interest Paid | $11,328,800 | $11,328,800 | $0 |
| Carried Interest Earned | $11,328,800 | $0 | $11,328,800 |
| Distributions | $71,871,200 | $69,815,200 | $2,056,000 |
| Returns | Total Fund | LP Only | GP Only |
|---|---|---|---|
| Gross multiple | 4.00x | 4.00x | 4.00x |
| Net multiple | 2.87x | 2.85x | 26.77x |
| Gross IRR (estimated) | 30.5% | 30.5% | 30.5% |
| Net IRR (estimated) | 23.4% | 23.2% | 81.3% |