NIKE Men's Air Max 270 LIGHT BONE SEPIA STONE WHITE WHITE WHITE BLACK AH8050-007 Free Ship 62c148Posted July 11th, 2011 in Exits IPOs M&As, VC-backed Biotech Returns
- Lebron Soldier 7 Rare Samples,
- Nike Lebron XI South Beach size 11.5 (New),
- NIKE Men's Air Max Speed Turf, Night Purple SIZE 9.5,
- KD 9 ix University Red Men size 10.0 University Red Basketball Legitimate New,
Note to Readers: This blog post was co-written by Bruce Booth and Bijan Salehizadeh, who co-authored an article in the July 2011 issue of Nature Biotechnology, detailing the differences in returns between Life Sciences and Tech investing.
Nike iD Kobe AD A.D. Los Angeles Clippers Grey Royal-Red Size 11.5 AO4789 991,
Nike Air Huarache Drift [AH7334-007] Men Casual shoes Black Grey-White,
Left behind by this good news is the Nike Zoom KD 11Kevin Durant Mens Basketball shoes AO2604-001 Size 7-12, which according to PWCMoneyTree / NVCA data accounted for nearly 30% of the $21 billion invested in venture-backed companies in 2010.
Nike Lebron XIII Low Prm Basketball Men's shoes Size 8,.
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 Kobe AD NXT 360 Mens US 11 Black Yellow,
Nike Air Vapormax Plus Men's Sneakers Running Trainers,
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.NIKE AIR ZOOM GENERATION LEBRON ASG QS ALL STAR GAME WHEAT SZ 7.5 [AQ0110-700],.
2009 Nike Air Jordan XII 12 Retro NUBUCK BLACK WHITE blueE COOL GREY 130690-018 9,
There’s a perception that lots of Life Sciences deals lose money. It’s true. 58% returned less than their invested capital.Nike ID Zoom KD V USA US13.5 UK12.5 Worn,. Furthermore, the frequency of 5x or greater returns are higher in Life Sciences – 8% vs. 4% for IT.NIKE AIR HUARACHE WILL PREMIUM LEATHER ALL BLACK SZ 13 Leather worn 2 times,.g.,. top 1% of Tech deals almost certainly have higher multiples than LS).
Nike Air Max 97 OG “Pure Platinum University Red” Size 9.5 [921826-009],.
But, as one would expect, not all of the news for Life Sciences is rosy:
New Mens Nike Romaleos 3 Weightlifting shoes White Black Volt Sz 11.5 852933 100,
Nike Air Jordan Retro OG Sport bluee 6s Size 6 GS Kids OG Box Rare Worn Once,.. And, post-IPO performance has been dramatically better in IT than it has been in Life Sciences.Nike M2K Tekno Bianco men Platino Scarpa da Ginnastica Sneaker Sport Run UK,.
Nike Men's Air Jordan Future Boot Cool Grey Cool Grey-White 854554-003 size 11.5,. 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.2016 Nike Air Jordan 1 Retro High Wht Blk Pure Platinum Sz 12 (1191)839115-106,. However, it has been shown by others that the recent web high flyers are mostly concentrated1810 Nike Air Zoom Pegasus 35 Men's Training Running shoes 942851-200,.
Some of you who follow venture returns data may be asking some questions:
- Nike Air Jordan 1 Retro High OG GAME ROYAL Alternate bluee Black White 555088-403, KOBE IX ELITE WOLF GREY CRT PURPLE-SPRT TRQ US shoes Size 9(Men's),
- LIGHTLY WORN Mens Nike Zoom Kobe VII 7 Invisibility Cloak 488371-005 PRM Purple,SALE NIKE DELTA FORCE 3 4 SB SUPREME ASPEN blueE GUM SZ 11 309958 001,NIKE ZOOM ALL OUT LOW 2 PURE PLATINUM BLACK WHITE AJ0035-010 MENS,
- NIKE MERCURIAL VAPOR XI NJR FG NEYMAR ACC SOCCER CLEAT SZ MEN'S 7.5 [921547-400],
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
LIGHT BONE SEPIA STONE WHITE BLACK
|Product Line:||Nike Air Max|
Men 9Us Nike Dunk Low Pro Sb, We think that there are a few reasons:
- New Nike Men's Kobe Flyknit iD shoes Black Red Crimson Volt 835649-993, – Nike Air Max 95 Ultra Premium BR Mens AO2438-200 Vachetta Tan shoes Size 10,
- NIKE AIR MAX PLUS TN TUNED BLACK ALL SIZES BRAND NEW ADULTS & KIDS 604133-050, – 2006 Nike Zoom Kobe 1 OG SZ 9.5 Black Out LA Lakers Bryant Predro 313143-014,2019 Nike Air Jordan V 5 Laney JSP SZ 13 Varsity Royal bluee Japan CD2720-400,
- NIKE KD 8 CHRISTMAS SZ MNS 14 (822948 106),– 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.
- Nike Lunar Magista II FK Mens 852614-600 Team Red White Flyknit shoes Size 9.5, – Air Jordan Retro XIV 14 (2005) Chartreuse- Size 9 Excellent Condition,
- Nike Air Max 270 AH8050-006 Black Hyper Grape Yellow Magenta Men's shoes, – Nike Air Max 98 South Beach Pure Platinum Obsidian 640744 005 Size 9 New in Box,New Nike Air Max 2009 Silver Sapphire bluee Grey Mens US Size 7,
NIKE AIR JORDAN 12 RETRO LOW XII PLAYOFF MEN'S SHOES SIZE US 11.5 308317-004,
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.