RT Journal Article SR Electronic T1 The Lower-Risk Startup: How Venture
Capitalists Increase the Odds of Startup Success JF The Journal of Private Equity FD Institutional Investor Journals SP 7 OP 19 DO 10.3905/jpe.2013.16.2.007 VO 16 IS 2 A1 Teten, David A1 AbdelFattah, Adham A1 Bremer, Koen A1 Buslig, Gyorgy YR 2013 UL http://jpe.pm-research.com/content/16/2/7.abstract AB The authors recently completed the first-ever study of how venture capitalists systematically help their portfolio companies grow. They found that certain VCs are aggressively building out a focused portfolio operations skillset and recruiting more people with operational backgrounds. Based on a range of sources, the authors believe that most funds with well-developed “portfolio operator” models have top-quartile returns (above 20% internal rate of return in the relevant time periods). The authors detail the resources that operationally focused VCs have to leverage and how exactly they assist their portfolio companies.