NIKE WOMENS WOMENS WOMENS AIR RIFT SZ 5 ARTISAN TEAL LT RETRO 315766 301 fe52a9Posted July 11th, 2011 in Exits IPOs M&As, VC-backed Biotech Returns
- Nike Air Vapormax Flyknit Moc 2 Size 7.5 'Moon Particle AJ6599-202 NO BOX TOP,
- Nike Air Vapormax Plus shoe women size 8 Usa University Red White 924453-601,
- 7 Women's w Nike Air Force 1 Upstep arrows Uptown 898421-601 Red white casual,
- Nike Lunar Hyperworkout Xt Fitness Women's shoes,
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 Air Max 1 Print 'Aloha' Women's shoes University Red True Yellow 528898-602,
NEW WOMENS 6.5 NIKE FREE 4.0 FLYKNIT RUNNING SHOES BRIGHT RED RASPBERRY 631050,
Left behind by this good news is the NIKE EPIC REACT FLYKNIT WOMENs RUNNING PLUM DUST - BLACK - PINK BLAST - yellow, which according to PWCMoneyTree / NVCA data accounted for nearly 30% of the $21 billion invested in venture-backed companies in 2010.
Nike Women's Blazer Mid DMB Triple Black (807455-001) Size 6 NWBOX,.
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.
Womens Nike Air Force 1 '07 Black Black AH0287-001 Size 7.5,
Nike womens rosherun print running trainers 599432 660 sneakers shoes,
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.B56 Nike Womens Air Max 97 UL '17 SI Size 8 Particle pink Indigo AO2326-600,.
Women's Nike Air Max 95 OG String Total orange Size 5-7 - AT2865 200,
There’s a perception that lots of Life Sciences deals lose money. It’s true. 58% returned less than their invested capital.NIKE Air Trainer Sc Mens,. Furthermore, the frequency of 5x or greater returns are higher in Life Sciences – 8% vs. 4% for IT.New Womens Nike Air Max 1 Sail Black Fossil 319986-106,.g.,. top 1% of Tech deals almost certainly have higher multiples than LS).
Womens Air Max+ 2013 Running shoes Nike White Neon Green,.
But, as one would expect, not all of the news for Life Sciences is rosy:
Nike Womens SF AF1 Mid Special Field orange Quartz Pale Grey AA3966-800 Sz 6,
Nike Nikefree Tr Focus Flyknit Cross Training Women's shoes Size,.. And, post-IPO performance has been dramatically better in IT than it has been in Life Sciences.WMNS Nike Air Max 1 PRM SC SZ 5.5 Guava Ice Red Bronze AA0512-800,.
NEW Women's Nike Roshe Flyknit Gym Red Sail Bright Crimson 704927-601 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 97 Deadly Pink Womens Size 5.5 light bone 921733-004 trainer,. However, it has been shown by others that the recent web high flyers are mostly concentratedNIKE SHOX GRAVITY RUNNING LOW SNEAKERS WOMEN SHOES WHITE AQ8554-100 SIZE 7.5 NEW,.
Some of you who follow venture returns data may be asking some questions:
- WMNS NIKE AIR MAX 95 ID RED-RED-BLACK-WHITE SZ 8 [818593-996], Nike Womens Internationalist Running Trainers 828407 Sneakers shoes 018,
- Nike Roshe One Cherry Bls Blossom Women's 819960-100 White Pink Flower OG Rare,Nike Wmns Air Zoom Pegasus 34 women running shoes NEW atmosphere grey 880560-006,WMNS Nike Tanjun Print, DK PURPLE DUST SAIL-BLACK, Size 5.5 US Women's,
- Nike Air AF1 Lunar Force orange Watershield Women's Duck Boots Sz 7 3333,
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
|Style:||Fashion Sneakers||US Shoe Size (Women's):||5|
Does not apply
NIKE Womens Air Zoom Fitness Reflect 922878-100 WHITE Size 8.5, We think that there are a few reasons:
- Nike Zoom Cage 2 705260-800 Bright Mango Women's Size 10, – Womens Nike AF1 Juster HI XX AR0625-500 purple Ash NEW Size 7,
- Nike ACG All Condition Gear Mid VTG OG 1996 Trail Hiking Mid Women 9 Athletic, – Nike womens rosherun flyknit running trainers 704927 803 sneakers shoes,NIKE AIR MAX 2014 Running Sneaker 6Y Women Size 7.5 Purple Black orange,
- Women's NEW Nike Air Max 270 bluee Void True Berry Platinum Tint AH6789-402,– 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.
- 2003 Nike Dunk Low Mesh Suede Cool Grey Medium Women sz 10 Men 8.5 SB 030507 LN2, – Nike 647377 Zoom Vomero 9 Women's Running shoes Training 130 642196 647378,
- Womens NIKE Rosherun Print Running Trainers 599432 411, – NIKE Womens 6.5 Black Silver Snakeskin NYC City Sky Hi Wedge Heel Sneaker shoes,WMNS NIKE AIR FOAMPOSITE ONE PARTICLE BEIGE PINK SZ 9.5 [AA3963-200],
Nike Women's Air Zoom Pegasus 35 in Oil Grey Light Carbon-Gridiron Various Sizes,
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.