Nike AF1 HI UT High Utility Air Air Air Force 1 Triple Black AJ7311-001 Women's Size 7.5 44823ePosted July 11th, 2011 in Exits IPOs M&As, VC-backed Biotech Returns
- Nike Blazer Low LX Women's shoes size 8.5 Style AA2017 100 Sail Summit White,
- NIKE Free 5.0 TR Fit 4 Lt Grey Volt orange Training Running shoes NEW Womens 7.5,
- Nike Experience RN 6 Womens Runner (B) (008) + Free Aus Delivery,
- NIKE WMNS CLASSIC CORTEZ NYLON (blueE JAY Pink) 749864 402 Sz 7 (Nike Sample),
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.
B5 NEW NIKE Wmns Dunk Lux SP Sacai Volt Basketball shoes 776446-774 Size 9 200,
Women's Nike SF AF1 Sz 8 100% Authentic Triple Black Air Force 857872 002,
Left behind by this good news is the NWT Nike Air Max Thea Ultra Prm Casual Black Sneakers Women's shoes Size 7.5, which according to PWCMoneyTree / NVCA data accounted for nearly 30% of the $21 billion invested in venture-backed companies in 2010.
WOMEN'S NIKE AIR FORCE 1 AF1 HI SE DENIM SHOES BINARY blueE 860544-400 SIZE 7,.
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 Wmns Air Zoom Pegasus 35 PRM Geode Teal Green Women Running shoes AH8392-300,
Nike Shox Legend Trainer Running shoes Sneakers Womens 15 White bluee New Ipod,
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 Women’s Air Zoom Mariah FlyKnit Racer shoes White Pure Platinum,.
Womens Adidas Stan Smith W AQ6806 Pale Green Trainers,
There’s a perception that lots of Life Sciences deals lose money. It’s true. 58% returned less than their invested capital.Nike Air Force 1 Flyknit Mid,. Furthermore, the frequency of 5x or greater returns are higher in Life Sciences – 8% vs. 4% for IT.Nike Women Air Max Zero Size 7 Running Athletic shoes wolf grey 857661-009,.g.,. top 1% of Tech deals almost certainly have higher multiples than LS).
NIKE W Air Huarache Run Ultra Si 881100-200 MUSHROOM Size 8.5 & 9 WMNS US,.
But, as one would expect, not all of the news for Life Sciences is rosy:
Womens NIKE AIR ZOOM STRONG Black Trainers 843975 004,
Women's Nike Air Zoom Ultra React Tennis shoes 859718 100 White Sz 8.5,.. And, post-IPO performance has been dramatically better in IT than it has been in Life Sciences.Nike WMNS Roshe One PREM Plus [807614-453] NSW Casual Camo Green Purple-Volt,.
NIKE WOMANS AIR HUARACHE RUN ULTRA,. 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.Nike Flex Contact RunningWomens Style 908995 White Cool Grey Womens Size 6.5,. However, it has been shown by others that the recent web high flyers are mostly concentratedWomens NIKE FREE RN FLYKNIT Ocean Fog Running Trainers 831070 404,.
Some of you who follow venture returns data may be asking some questions:
- Size 9 Black-and-white Kevin Durant basketball shoes one of a Kind, NIKE WMNS EPIC REACT FLYKNIT WOLF GREY COOL GREY AQ0070-002 US WOMENS SIZE 5-9,
- NIKE Women's WMNS Free RN Flyknit 2017, Black White-Volt, 10.5 M US,New Nike Womens Metcon 3 Fade Crossfit Trainer shoes 902175-400 Still bluee sz 12,WMNS NIKE AIR MAX THEA ULTRA FK FLYKNIT MULTI COLOR SZ 5.5 [881175-600],
- Nike Classic Cortez SE Womens 902856-204 Taupe gold Running shoes Size 7.5,
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
|Product Line:||Nike Air Force 1|
|Shoe Height:||High Top||US Shoe Size (Women's):||US 7.5|
Does not apply
Nike Womens Air Huarache Run SE Running shoes 859429-300, We think that there are a few reasons:
- Official Nike W Air Max 90 Ultra BR shoes (725061-104) Women's Size (10.5) 130, – NIKE AIR MAX 95 BEIGE OFF WHITE SIZE GYM RUNNING WORKOUT WOMEN 11.5 MEN SIZE 10,
- NIKE FREE 5.0 TR FIT 5 LOW SNEAKERS WOMEN SHOES WHITE 04674-100 SIZE 9.5 NEW, – Women's Nike React 55 shoes -Mica Green Light Silver -Size 9.5 -BQ2728 300 New ,NIKE WOMENS SF AF1 AIR FORCE 1 MID MUSHROOM TAN LIGHT BONE BOOT AA3966 200 SZ 6,
- Niki Women s Air Max 2015. New In Box. Size 7.5,– 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 WOMENS AIR HUARACHE RUN PRINT RUNNING TRAINER SHOE UK Size 4.5 - 6 RUNNER, – Nike Wmns Free TR Flyknit 2 II White Hyper Punch Grey Women Training 904658-100,
- WMNS NIKE AIR MAX 97 UL ULTRA '17 LX DUSTY PEACH AH6805-200 Sz 9.5, – Nike Air Jordans 93's Retro 1 bugs bunny,Women's Nike Air Max Deluxe SE Casual shoes Guava Ice Guava Ice AT8692 800,
Nike Air Force 1 Sage Low Desert Ore Black Wheat Laser Fuchsia BV1979-200,
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.