Adidas Adidas Adidas Yeezy Boost 350 v2 Beluga 2.0 US 6.5 AH2203 BNWT DS unworn grey 019290

Posted July 11th, 2011 in Exits IPOs M&As, VC-backed Biotech Returns

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.

Adidas Originals EQT Bask ADV W Night Grey White Women Running shoes B37547,

Womens Nike Air Max Torch 4 Running shoes Sz 8 White Turquoise 343851 100,

Left behind by this good news is the Adidas Originals Women's FLB_Runner W Running shoes, - Choose SZ color, which according to PWCMoneyTree / NVCA data accounted for nearly 30% of the $21 billion invested in venture-backed companies in 2010.

Adidas UltraBoost All Terrain - Men's Size 12,

Nike cortez women 9.5 men 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.

Adidas Women's Questar Tnd W Running shoes,

Womens Adidas Supernova Boost Womens Running shoes - Pink,

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.New Adidas Originals NMD R1 STLT Primeknit Women's Ash Pink Boost US Size 8.5,.


Nike Womens Dayfly White Grey orange Sneaker - size 6,

There’s a perception that lots of Life Sciences deals lose money.  It’s true.  58% returned less than their invested capital.Nike Dual Tone Racer Womens shoes White White Pure platinum 917682-101,.  Furthermore, the frequency of 5x or greater returns are higher in Life Sciences – 8% vs. 4% for IT.Nike Shies Size 8 Womens,.g.,. top 1% of Tech deals almost certainly have higher multiples than LS).

Adidas Athletics 24 7 W Black White Women Cross Training shoes Sneakers CG2711,.

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

Nike Roshe One Running shoes Size 5Y Women’s 6.5,

Adidas Originals Women's Crazypower Tr W Cross Trainer - Choose SZ color,..  And, post-IPO performance has been dramatically better in IT than it has been in Life Sciences.Nike Mens Air Max Lunar90 C3.0 Athletic & Sneakers,.

Adidas Stella McCartney Ultra Boost Parley US 6.5 Ultraboost White bluee CQ1708,.  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.Adidas Women Defiant Primeknit PK bluee uniink S79865,.  However, it has been shown by others that the recent web high flyers are mostly concentratedAdidas I 5923 W CQ2528 grey halfshoes,.

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

  1. Nike Women's City Knife 3 College Navy 896284-401 Size 10, 1807 adidas ORIGINALS DEERUPT Women's Training Running shoes B37878,  
  2. Nike Air Jordan 12 Retro QS AJ12 XII Men shoes Sneakers 2018 Pick 1,Adidas Falcon W Conavy Red - Sneakers Low Woman Multicolour,Nike Women's Flex Adapt Tr Ankle-High Cross Trainer shoes,
  3. Nike KD 11 GS XI Kevin Durant Multi color Kid Youth 7Y Women shoes AH3465-001,

Item specifics

New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition

adidas Yeezy Boost 350 V2

Main Colour: Grey US Shoe Size (Women's): US 6.5


UK Shoe Size (Women's): UK 6

Womens Nike Free Focus Flyknit 2 Racer Pink Sunset Training 880630-601 size 10.5, We think that there are a few reasons:

  1. Adidas Tubular Doom Sock W Womens CQ2453 NGTCAR,REATEA,COPFLA Womens Size 9.5, – Porpora shoes da running adidas Supernova W CG3069,
  2. SALE WMNS Nike Air Zoom Pegasus 34 Light Bone 880560-004 Size 9 100% Authentic, – Adidas Originals Tubular Doom Sock Primeknit Black Pink BY9335 Sz 10,Adidas Women's Tubular Shadow Athletic Lifestyle Sneaker Size 7 Pink,
  3. 2015 ADIDAS ULTRA BOOST 1.0 FLASH PINK PURPLE Gr.39 1 3 UK6 ltd B34051 triple og,–  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. New Adidas Ultra Boost ST Athletic shoes Women's Indigo CQ2133 Sz. 10, – Adidas Originals Trainers Deerupt Runner W Cq2911 Mint,
  5. Adidas Originals Hamburg Sneakers In Green S79990, – NWT Adidas UltraBOOST Parley Women's 7 Men's 6 CQ1708 Stella McCartney,Nike Women's Free RN 2017 Shield AA3761-001 Size 7,

Adidas VS Coneo QT W BB9647 black halfshoes,

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.

Adidas CW Libria Pearl CP M18538 black snow boots,

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