Research & Publications
What we’re learning, and how we know it.
Publications
- No. 001bReturn modelsThe Far-Right Tail Problem & Tail TemperingEven though the probability for the return exceeding unrealistic values is extremely small, its impact is very big. Modeling must ensure rare exits do not overestimate fund returns.September 18, 20265 minutesMaurice Krzyzanowski
- No. 001Return modelsIs venture capital truly a power law?Venture returns are often said to follow a power law. However, does that mean that we can use a power-law distribution to model the returns?August 12, 20267 minutesMaurice Krzyzanowski