Tuesday, October 07, 2003

U of California bows to court, discloses VC returns: "In some cases, it may be difficult to understand why funds would not want to make some positive returns data public. Kleiner Perkins, for instance, posted stratospheric returns of 287 percent for Fund VIII, UC said. But Kleiner's Fund X-A, its latest, showed a return of negative 17.5 percent, UC said.
Sequoia also posted eye-popping returns for some earlier funds, such as 174.5 percent gains for Fund VII and 90.4 percent for Fund VIII, UC said. Its latest, Fund X, showed a 31 percent negative return, however."

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