The audacious IRR-oneous vision of Icehouse
ANALYSIS: A glimpse into the venture capital investor’s financials reveals some pros and cons.
IRR: useful for comparing investment options with lumpy cashflows over time but shouldn’t be confused with an actual return.
If you wanted a poster child for capitalism it would look something like this.
There is a “simple but audacious vision” where entrepreneurs contribute to “a future vastly brighter than imaginable today”.
“Success will see us invest billions into thousands of Kiwi companies and become the
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