@BKartRed IMHO, it should emerge as an alternative as Indian economy matures to further accelerate the virtuous economic cycle. Everyone should allocate 10-25% of their investable savings into VC funds.
@vijaythirumalai@BKartRed Karthik has acknowledged this request for numbers in another post (apples to apples post taxes with cash flow adjustments) and we will hopefully get it next year. Thanks Karthik. Eagerly awaiting this.
@vijaythirumalai@BKartRed I was also not impressed with the returns.
Blume returns are gross of Carry, so should fall by around 20% (i.e. 12%IRR).
But, hese will inflate if cash is assumed to be invested in Sensex (14.25% IRR).
I would love to see a 1cr investment return from Blume+Sensex vs Sensex.
@BKartRed Thanks @BKartRed. Appreciate the rest of the extremely valuable information provided. Would love to see Apple to Apple post tax comparison (with cash flows) to establish VC as a credible alternative to Public markets. Kudos to you and team.
@BKartRed Actually Nifty 50 is 14.26% from Nov11 to Nov23. Blume's return does not exclude the carry and taxes.
I would love to see to see how INR 1cr invested in Nifty would have done compared to Blume (surplus in Nifty) in 12 years after ALL fees and taxes at various times.
@BKartRed So 15% IRR total and 13.5% IRR realized over 12 years. Nifty 50 did around 12%. However, it will be interesting to see Blumeโs return if the undeployed or returned cash is assumed invested in Nifty 50.
Maybe we can show resolve and turn around this slide by fixing the Hammersmith bridge. Small, quick win to get back on the winning ways!
UK Loses Competitiveness and Faces ยฃ560 Billion Investment Gap https://t.co/12eQPwqhm5
This is a self goal in light of the impending fertility slump in the world. We should be welcoming more well educated foreign workers and their families.
Foreigners might have to wait longer to become British citizens https://t.co/QbqzFr4eEH via @MailOnline
@JackPosobiec While I appreciate Biden trying to calm the situation down as few of the balloons were probably American ones, however he sounds too weak. He needs to show strength and resolve as he does against Russia.
@elonmusk@engineers_feed What if the thrust is balanced by generating huge circular momentum in a vacuum flywheel that is converted back into electric power once in orbit? Possible?