NEW MEN'S SZ 9.5 AIR JORDAN 1 1 1 RETRO HI OG GATORADE (AJ5997 345) LEMON LIME 29feb5

Posted July 11th, 2011 in Exits IPOs M&As, VC-backed Biotech Returns
  • Share via Twitter
  • NIKE AIR MAX 90 SNEAKERBOOT ICE VOLT GREY 684722-002 MENS VERY RARE SHOES BOOTS,
  • Share via Facebook
  • Nike Air Vapormax 2018 Flyknit (White+Black) Running Athletic-Men,
  • Share via LinkedIn
  • Nike Air Max 1 SE JDI Just Do It Total orange White Black Running Men AO1021-800,
  • 2001 NIKE AIR JORDAN TRUE blueE 3 SIZE 12,

Note to Readers: This blog post was co-written by Bruce Booth and Bijan Salehizadehwho co-authored an article in the July 2011 issue of Nature Biotechnologydetailing the differences in returns between Life Sciences and Tech investing.

Men 10.5Us Nike W M2K Tekno cm Techno Dad Sneakers,

Nike Air Jordan Retro 6 Motorsport Size 10 Men’s Premium 2010 8 4 3,

Left behind by this good news is the {865031-209} MEN'S NIKE AIR MAX GOADOME BOOT Medium Olive NEW, which according to PWCMoneyTree / NVCA data accounted for nearly 30% of the $21 billion invested in venture-backed companies in 2010.

Nike Air Jordan Retro 1 NYC High Black Grey Gym Red 23NY PSNY 13 Y 2 3 4 5 6 7 8,

NEW MEN'S SZ 9.5 AIR JORDAN 1 1 1 RETRO HI OG  GATORADE  (AJ5997 345)  LEMON LIME 29feb5NEW MEN'S SZ 9.5 AIR JORDAN 1 1 1 RETRO HI OG  GATORADE  (AJ5997 345)  LEMON LIME 29feb5NEW MEN'S SZ 9.5 AIR JORDAN 1 1 1 RETRO HI OG  GATORADE  (AJ5997 345)  LEMON LIME 29feb5NEW MEN'S SZ 9.5 AIR JORDAN 1 1 1 RETRO HI OG  GATORADE  (AJ5997 345)  LEMON LIME 29feb5NEW MEN'S SZ 9.5 AIR JORDAN 1 1 1 RETRO HI OG  GATORADE  (AJ5997 345)  LEMON LIME 29feb5

Brand New Nike Kobe Bryant XI 11 Elite Low AS All Star Game Green Glow Black DS,.

As we outline in our paper in the July issue of Nature Biotechnology, LS venture investing dramatically outperformed Tech venture investing over the past decade.

Nike MEN'S Air JORDAN 10 LOS ANGELES Ocean Fog bluee Lagoon SIZE 8.5 BRAND NEW,

Nike Air Span II SE Men's Trainers All Sizes Limited Stock KDI JM1273202 105754,

Overall Life Sciences/Healthcare venture realized gross pooled mean IRR was 15.0% for the past decade.  This is in contrast to 5.5% for all of venture capital, 3.0% for IT and 4.1% for Software.Hombre Tuned 1 Air Max Plus Jcrd TN-845006 200 - green Zapatillas Negras,.

Air Jordan 1 size 11.5 color black red white,

Nike Air More Uptempo Air Max 96 Bulls Size 11,

There’s a perception that lots of Life Sciences deals lose money.  It’s true.  58% returned less than their invested capital.New Nike Air Jordan 6 Retro Gatorade White orange (384664-145),.  Furthermore, the frequency of 5x or greater returns are higher in Life Sciences – 8% vs. 4% for IT.Mens Nike Jordan Super.Fly 2017 Low Wolf GRY Gym Red-Cool GRY AA2547-004 Size 12,.g.,. top 1% of Tech deals almost certainly have higher multiples than LS).

Nike Lebron Witness III I promise AO4433-009 Black Multi Mens Basketball shoes,.

But, as one would expect, not all of the news for Life Sciences is rosy:

Nike Air Jordan Jumpman Pro Triple White Platinum Silver 906876-100 Men 12 shoes,

Nike Air Max 1 OG Red 2013 Size 12,..  And, post-IPO performance has been dramatically better in IT than it has been in Life Sciences.NIKE AIR MAX LTD SUMMIT WHITE TROOPER BLACK MENS RUNNING SHOES FREE POST AUST,.

Nike Air Max 97 Hombre shoes Ocio Deporte Zapatillas whiteo Cono BQ4567-100,.  IPOs are media darlings, and help create buzz about sectors.  In LS, we aren’t likely to have that type of buzz anytime soon.

Our data and analysis of course has some short-comings.RARE NIKE DUNK MID PRO SB ICE GREEN SIZE 9 MEN'S SNEAKERS 2008 314383 301,.  However, it has been shown by others that the recent web high flyers are mostly concentratedNike Air Max 97 (Game Royal Metallic Silver) Men's shoes 921826-404,.

Some of you who follow venture returns data may be asking some questions:

  1. DS Men's LUNAR FORCE 1 SNEAKERBOOT Sz 8.5 [654481 002], NIKE AIR MAX PENNY LIL PENNY DEEP ROYAL blueE GYM RED-WHITE SZ 11 [685153-400],  
  2. Nike Air Max 97 Mens Size 13 White Black Persian purple Purple Oreo 921826-103,NIKE Men's Air Zoom Winflo 4 Shield, Black SIZE 10.5,Nike Air Max 90 Sneakerboot Winter Waterproof - Wheat 684714-700 Mens Size 7.5,
  3. NIKE AIR MAX 270 FLYKNIT MEN'S SHOES PLUM FOG VINTAGE WINE AO1023 500,

Nike KD 8 SE What The KD WTKD 845895-999 Sz( 8-13), We think that there are a few reasons:

  1. Nike Air Max Prime 876068006 black halfshoes, – Nike Air Max 97 AOP Tiger Camo Green Olive Sequoia Black Men SZ 9 [AQ4132-200],
  2. NIKE AIR MAX 97 PREMIUM -NO BOX LID- SZ MNS 9.5, – Nike Air Max 95 grey Lupo blue Bianco Bambini Ragazzi Ragazze,NIKE MENS M2K TEKNO PURE PLATINUM BLACK WHITE CASUAL SHOES 2018 BEST SELLER,
  3. Nike Klassisch Cortez Nylon Gedämpft Bronze white Mädchen Frauen,–  Unlike IT where 100x returns are possible and have driven great outcomes in companies like Skype and Google, and will most likely in Zynga and Facebook, Life Sciences never will have these wild “Black Swan” outliers.. These 100x’ers are the companies that draw press attention, new talent, and more capital into the IT space.
  4. Nike Lunar Magista II FK Mens 852614-600 Team Red White Flyknit shoes Size 9.5, – Nike Air Force 270 Size 8.5 Black Metallic Silver White Red AH6772-001 Men's,
  5. Mens Nike Air Max Plus Sneakers New, Dark Wolf Grey 852630-016 NEW IN BOX, – Nike Foamposites Olympics size 10 Never worn,Nike Kyrie Low Dark Obsidian Free Shipping,

Nike Air Max 1 Deadstock 308866-006,

To get all of the numbers and the full commentary, please head over to the Nature website.

For simplicity’s sake, in this post, we use the term Life Sciences to cover all of Healthcare venture capital investing and the term IT/Tech to cover all Information technology, Internet/Software, and Hardware related categories.

Nike Air Jordan Retro VIII Playoff 305381 061 Bugs Bunny Aqua XI XII Bred Sz 13,

This entry was posted in Exits IPOs M&As, VC-backed Biotech Returns. Bookmark the permalink.