The Kaplan-Meier survivor curve in Figure 2 gives a sense of how these four groups of people performed as venture capitalists.
What is not in doubt: Lightspeed is right now among the best-performing venture firms in Silicon Valley.
That $440 million fund Breyer was raising, called Accel IX, is on track to become the best-performing venture capital fund ever.
But a September consultants report also noted that the difficulty of gaining access, and making material commitments, to the top-performing venture capital funds has contributed to the decline in venture capital exposure..
During the tech heyday of the 1990s, Del Biaggio branched out into venture capital, founding Sand Hill Capital, an operator of two top-performing venture funds specializing in loans for start-up tech firms.
Their first $6.3 million fund, which they raised in 2008, was the top-performing venture fund through the end of 2010, according to Preqin, with a net IRR in the high-40high-40percent, says Frankel.
Here are a few of the things he has already accomplished: earning a bachelor's degree from Harvard and a Master's from Oxford; building one of New York City's better-performing venture funds; serving on the product design team of Google Ventures-backed company, Enterproid.
Two Thousand Years, 2005 Leigh's last stage venture, performed at the National and recently revived in New York.
Better still, Venture Production is performing well.
However, since Johnston Press struck the deal with Sky last September, the company has not provided any indications about how the venture has been performing.
The pursuit of entrepreneurship requires individuals to undertake concrete actions in terms of initiating and performing activities related to new venture creation.
