Paul Jones, co-chair of Venture Best, the venture capital practice group at Michael Best, has been selected as a regular contributor of OnRamp Labs, a Milwaukee Journal Sentinel blog covering start-ups and other Wisconsin technology news. Paul's most recently contributed piece, "Measuring Startup Investing Returns," can be found under their Business Tab in the Business Blog section: Click here to view his latest blog.
A short excerpt can be found below:
"Part I: The Problem with IRR
Ask angels in the seed/early stage high impact investing market about returns, and they'll usually answer in terms of internal rates of return ("IRR"). Which is unfortunate, since IRR is really not a very good way to measure returns and, more to the point, is a pretty poor way to measure the prowess of seed/early stage investors."
Click here to read more.