Welcome to the new site. If you have any issues accessing models, use store.hemrock.com.
Sign in

Venture Rvpi

November 8, 2023

Change to all Venture Capital Models:

  • Edited Forecast sheet calculation of RVPI to estimate the value of carried interest. Previously RVPI was reported on a gross basis, while DPI was reported on a net basis, creating a TVPI that reflected a net DPI and gross RVPI, slightly overestimating TVPI because it did not estimate future carried interest incurred when the unrealized gains were realized. A small edit that removed the slight change in TVPI on the last period where RVPI goes to zero. Easy to replicate into any existing model by copying the new formula.