NIKE Womens Nike Nike Nike Free Rn Running Cmtr 2017 E 922911-100 WHITE Size 6.5 a6cd68Posted July 11th, 2011 in Exits IPOs M&As, VC-backed Biotech Returns
- Nike Lunartempo 2 Light Weight Purple Running shoes Size 9,5 Women’s,
- Women's Nike Zoom Pegasus Turbo XX Running shoes - Pure Platinum Pure Platinum,
- Nike Free Og '14 Running Women's shoes,
- Women's Nike Free 5.0 TR Fit 5 PRT DB Doernbecher Lizzy 839122-540 Size 10 Rare,
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 Womens Flex Essential TR, Black Black-Anthracite-White, 6.5 B(M) US,
Nike Air Zoom Pegasus 34 Shield Black orange 3M Obsidian 907328-001 Size 11.5,
Left behind by this good news is the Nike Studio Wrap Pack 2 PRT Women Footwear System purple Purple 646696 500, which according to PWCMoneyTree / NVCA data accounted for nearly 30% of the $21 billion invested in venture-backed companies in 2010.
Nike 831070 Womens Free RN Flyknit Performance Running shoes Sneakers,.
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 Flex Trail Running shoes - Women,
NIKE Huarache Run GS All White Sneaker Running shoes Trainers 654275110 WOW SALE,
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 WMNS Free RN Distance 2 II womens running run sneakers NEW lava 863776-602,.
10 WOMEN'S Nike Air Max 97 UL '17 Prm Splatter AO2325-002 Black Grey sneakers,
There’s a perception that lots of Life Sciences deals lose money. It’s true. 58% returned less than their invested capital.Women's Nike Air Max 95 Size 7.5 shoes pink Glitter Sparkle AT0068 600 NEW,. Furthermore, the frequency of 5x or greater returns are higher in Life Sciences – 8% vs. 4% for IT.Women's Nike Air Zoom Vapor X HC Tennis shoes Crimson Black [AA8027 800] Sz 8US,.g.,. top 1% of Tech deals almost certainly have higher multiples than LS).
Nike Huarache Extreme Now GS Obsidian yellow bluee Kid Women shoes BQ7568-400,.
But, as one would expect, not all of the news for Life Sciences is rosy:
Women's NIKE AF1 FLYKNIT AIR FORCE 1 (818018-100) WHITE PURE PLATINUM SIZE 11,
Nike Zoom Cage 2 Women’s Tennis shoes - 705260-802 orange White Black,.. And, post-IPO performance has been dramatically better in IT than it has been in Life Sciences.Nike Sock Dart Slip-On Women's shoes Size,.
Women's Nike Air Max 97 UL 17 LX Dusty Peach Summit White AH6805-200 Size 9.5,. 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.Nike Air Max 2016 Women's shoes 6 US Black Multi-color-Noble Red,. However, it has been shown by others that the recent web high flyers are mostly concentratedNike Women's Flex Experience RN 6 Running shoes,.
Some of you who follow venture returns data may be asking some questions:
- Nike Women's Roshe One Premium shoes (6, Purple gold), NIKE AIR HUARACHE RUN SE SZ WMNS 6.5 (859429 002) RETAIL 120.00,
- Nike Flexible Running Sneakers bluee Black Women Sz 11 1064,Wmns Nike Zoom all out flynit 845361 400 size (8.5),LATEST RELEASE Nike Revolution 4 Womens Running shoes (B) (011),
- Nike Air Max Fury Pure Platinum Metallic Red Bronze AA5740 005 Women's 8,
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
|Width:||Medium (B, M)||Brand:|
|US Shoe Size (Women's):||6.5||Gender:||Womens|
Does not apply
NIKE APTARE WMNS BLACK WHITE 881190-002 2016, We think that there are a few reasons:
- NIKE Womens Nike Free Rn Running Cmtr 2017 880842-002 COOL GREY Size 7, – Nike Women's Flex Trainer 5 shoes - Choose SZ color,
- Nike Air Zoom Pegasus 34 Shadow Brown MTLC Pewter AH7949-200 Women’s Size 11 NIB, – Women's Nike Air Max Running shoes Size 5 White Black Vivid Pink purple,Size 10 Womens Nike Air Max Goadome Anthracite Boots Sneaker Black Leather ,
- Women Air Revolution ESS Paisley Detail Leather Hi Black shoes 860523-001 Size 7,– 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 Black Air Max Siren Women Sneaker Size 10.5 3036, – NIKE Womens Benassi Jdi Print 618919-018 ATMOSPHERE GREY Womens Size 7,
- 1903 Nike Air Force One Women's Sneakers Sports shoes AO1017-002, – Nike WMNS Roshe One BR [724850-581] NSW Casual Rosherun Fuchsia Glow Lava-White,Nike Free RN 2018 Women's Training Running shoes 942837-001,
W Air Force 1-100 Removable Swoosh White White-White AQ3621-111 Size 8.5,
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.