120*100K Pre/Seed - No FO by @tina_nia

Probability of Fund Multiple

1x
100%
3x
35.8%
10x
1.2%

TVPI Distribution

3rd Quartile
2.10
Median
2.61
Top Quartile
3.36

Investments

Initial Check
$70K
Follow-on
$90K
Blended Cost Basis
$9.4M

Company Ownership

Avg Initial
1.44%
Avg At Exit
2.27%
Dilution/Round
20%

Median Performing Portfolio

50% of simulated portfolios performed worse than this portfolio, and 50% performed better. Click 'show/hide details' to see each investment.

show/hide details

Median Fund Portfolio

Company 37 - $1,190,343,328 exit after 6 rounds
Invested: $160,000
Blended Cost Basis: $15,575,221
Return: $4,326,028 (own at exit: 0.36%)
   Check 1: $70,000 @ $10,000,000 (0.7%)
   Check 1 Returns: $2,730,361 (0.23% ownership @ exit)
   Check 2: $90,000 @ $27,500,000 (0.33%)
   Check 2 Returns: $1,595,666 (0.13% ownership @ exit)

Company 8 - $1,173,594,999 exit after 6 rounds
Invested: $160,000
Blended Cost Basis: $12,692,403
Return: $5,024,381 (own at exit: 0.43%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $4,141,454 (0.35% ownership @ exit)
   Check 2: $90,000 @ $49,000,000 (0.18%)
   Check 2 Returns: $882,926 (0.08% ownership @ exit)

Company 116 - $1,005,913,919 exit after 6 rounds
Invested: $160,000
Blended Cost Basis: $12,689,655
Return: $4,371,020 (own at exit: 0.43%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $3,296,178 (0.33% ownership @ exit)
   Check 2: $90,000 @ $34,500,000 (0.26%)
   Check 2 Returns: $1,074,840 (0.11% ownership @ exit)

Company 65 - $109,443,198 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $19,617,647
Return: $486,000 (own at exit: 0.44%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $341,082 (0.31% ownership @ exit)
   Check 2: $90,000 @ $43,500,000 (0.21%)
   Check 2 Returns: $144,917 (0.13% ownership @ exit)

Company 105 - $108,403,085 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $18,413,793
Return: $510,331 (own at exit: 0.47%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $370,015 (0.34% ownership @ exit)
   Check 2: $90,000 @ $44,500,000 (0.2%)
   Check 2 Returns: $140,315 (0.13% ownership @ exit)

Company 23 - $104,577,455 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $10,092,910
Return: $904,846 (own at exit: 0.87%)
   Check 1: $70,000 @ $6,000,000 (1.17%)
   Check 1 Returns: $624,675 (0.6% ownership @ exit)
   Check 2: $90,000 @ $21,500,000 (0.42%)
   Check 2 Returns: $280,170 (0.27% ownership @ exit)

Company 112 - $98,670,810 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $7,280,000
Return: $1,135,300 (own at exit: 1.15%)
   Check 1: $70,000 @ $3,500,000 (2%)
   Check 1 Returns: $1,010,389 (1.02% ownership @ exit)
   Check 2: $90,000 @ $45,500,000 (0.2%)
   Check 2 Returns: $124,910 (0.13% ownership @ exit)

Company 33 - $96,724,054 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $19,305,389
Return: $446,380 (own at exit: 0.46%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $266,660 (0.28% ownership @ exit)
   Check 2: $90,000 @ $31,000,000 (0.29%)
   Check 2 Returns: $179,719 (0.19% ownership @ exit)

Company 9 - $90,786,329 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $19,555,556
Return: $401,441 (own at exit: 0.44%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $295,798 (0.33% ownership @ exit)
   Check 2: $90,000 @ $49,500,000 (0.18%)
   Check 2 Returns: $105,642 (0.12% ownership @ exit)

Company 87 - $80,166,873 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $15,431,472
Return: $456,360 (own at exit: 0.57%)
   Check 1: $70,000 @ $9,500,000 (0.74%)
   Check 1 Returns: $302,440 (0.38% ownership @ exit)
   Check 2: $90,000 @ $30,000,000 (0.3%)
   Check 2 Returns: $153,920 (0.19% ownership @ exit)

Company 44 - $59,394,242 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $15,390,200
Return: $427,459 (own at exit: 0.72%)
   Check 1: $70,000 @ $10,000,000 (0.7%)
   Check 1 Returns: $266,086 (0.45% ownership @ exit)
   Check 2: $90,000 @ $26,500,000 (0.34%)
   Check 2 Returns: $161,373 (0.27% ownership @ exit)

Company 7 - $54,226,444 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $5,152,838
Return: $1,104,087 (own at exit: 2.04%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $971,737 (1.79% ownership @ exit)
   Check 2: $90,000 @ $29,500,000 (0.31%)
   Check 2 Returns: $132,349 (0.24% ownership @ exit)

Company 86 - $53,903,118 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $14,235,741
Return: $417,588 (own at exit: 0.77%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $268,317 (0.5% ownership @ exit)
   Check 2: $90,000 @ $26,000,000 (0.35%)
   Check 2 Returns: $149,270 (0.28% ownership @ exit)

Company 61 - $53,880,189 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $18,816,000
Return: $309,060 (own at exit: 0.57%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $229,888 (0.43% ownership @ exit)
   Check 2: $90,000 @ $49,000,000 (0.18%)
   Check 2 Returns: $79,170 (0.15% ownership @ exit)

Company 22 - $53,010,803 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $4,336,662
Return: $1,267,795 (own at exit: 2.39%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $1,187,441 (2.24% ownership @ exit)
   Check 2: $90,000 @ $47,500,000 (0.19%)
   Check 2 Returns: $80,353 (0.15% ownership @ exit)

Company 57 - $52,416,061 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $2,156,740
Return: $2,523,772 (own at exit: 4.81%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $2,348,239 (4.48% ownership @ exit)
   Check 2: $90,000 @ $21,500,000 (0.42%)
   Check 2 Returns: $175,532 (0.33% ownership @ exit)

Company 1 - $50,912,680 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $17,118,812
Return: $320,659 (own at exit: 0.63%)
   Check 1: $70,000 @ $9,500,000 (0.74%)
   Check 1 Returns: $240,093 (0.47% ownership @ exit)
   Check 2: $90,000 @ $45,500,000 (0.2%)
   Check 2 Returns: $80,565 (0.16% ownership @ exit)

Company 55 - $47,823,198 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $14,774,067
Return: $360,770 (own at exit: 0.75%)
   Check 1: $70,000 @ $10,000,000 (0.7%)
   Check 1 Returns: $214,247 (0.45% ownership @ exit)
   Check 2: $90,000 @ $23,500,000 (0.38%)
   Check 2 Returns: $146,522 (0.31% ownership @ exit)

Company 88 - $47,569,687 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $15,271,255
Return: $352,389 (own at exit: 0.74%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $185,314 (0.39% ownership @ exit)
   Check 2: $90,000 @ $20,500,000 (0.44%)
   Check 2 Returns: $167,074 (0.35% ownership @ exit)

Company 84 - $47,403,503 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $18,360,000
Return: $291,155 (own at exit: 0.61%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $157,309 (0.33% ownership @ exit)
   Check 2: $90,000 @ $25,500,000 (0.35%)
   Check 2 Returns: $133,845 (0.28% ownership @ exit)

Company 46 - $47,332,933 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $14,852,673
Return: $341,648 (own at exit: 0.72%)
   Check 1: $70,000 @ $8,000,000 (0.88%)
   Check 1 Returns: $265,064 (0.56% ownership @ exit)
   Check 2: $90,000 @ $44,500,000 (0.2%)
   Check 2 Returns: $76,583 (0.16% ownership @ exit)

Company 109 - $43,923,361 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $18,152,350
Return: $270,367 (own at exit: 0.62%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $157,421 (0.36% ownership @ exit)
   Check 2: $90,000 @ $28,000,000 (0.32%)
   Check 2 Returns: $112,945 (0.26% ownership @ exit)

Company 14 - $41,896,760 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $23,584,530
Return: $195,024 (own at exit: 0.47%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $129,446 (0.31% ownership @ exit)
   Check 2: $90,000 @ $46,000,000 (0.2%)
   Check 2 Returns: $65,577 (0.16% ownership @ exit)

Company 113 - $41,075,184 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $20,221,277
Return: $225,927 (own at exit: 0.55%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $136,308 (0.33% ownership @ exit)
   Check 2: $90,000 @ $33,000,000 (0.27%)
   Check 2 Returns: $89,618 (0.22% ownership @ exit)

Company 92 - $40,316,800 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $12,571,429
Return: $345,991 (own at exit: 0.86%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $258,027 (0.64% ownership @ exit)
   Check 2: $90,000 @ $33,000,000 (0.27%)
   Check 2 Returns: $87,963 (0.22% ownership @ exit)

Company 101 - $40,281,910 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $16,172,973
Return: $277,794 (own at exit: 0.69%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $164,057 (0.41% ownership @ exit)
   Check 2: $90,000 @ $25,500,000 (0.35%)
   Check 2 Returns: $113,737 (0.28% ownership @ exit)

Company 0 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,500,000
Return: $0 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $0 (0.67% ownership @ exit)

Company 2 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,500,000
Return: $0 (own at exit: 2.8%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $0 (2.8% ownership @ exit)

Company 3 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,000,000
Return: $0 (own at exit: 0.7%)
   Check 1: $70,000 @ $10,000,000 (0.7%)
   Check 1 Returns: $0 (0.7% ownership @ exit)

Company 4 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 1.17%)
   Check 1: $70,000 @ $6,000,000 (1.17%)
   Check 1 Returns: $0 (1.17% ownership @ exit)

Company 5 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $15,000,000
Return: $0 (own at exit: 0.47%)
   Check 1: $70,000 @ $15,000,000 (0.47%)
   Check 1 Returns: $0 (0.47% ownership @ exit)

Company 6 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 2%)
   Check 1: $70,000 @ $3,500,000 (2%)
   Check 1 Returns: $0 (2% ownership @ exit)

Company 10 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 11 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,000,000
Return: $0 (own at exit: 3.5%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $0 (3.5% ownership @ exit)

Company 12 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,500,000
Return: $0 (own at exit: 0.82%)
   Check 1: $70,000 @ $8,500,000 (0.82%)
   Check 1 Returns: $0 (0.82% ownership @ exit)

Company 13 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 15 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,000,000
Return: $0 (own at exit: 3.5%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $0 (3.5% ownership @ exit)

Company 16 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 17 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 18 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 19 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,000,000
Return: $0 (own at exit: 3.5%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $0 (3.5% ownership @ exit)

Company 20 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,000,000
Return: $0 (own at exit: 0.64%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $0 (0.64% ownership @ exit)

Company 21 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 24 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $15,000,000
Return: $0 (own at exit: 0.47%)
   Check 1: $70,000 @ $15,000,000 (0.47%)
   Check 1 Returns: $0 (0.47% ownership @ exit)

Company 25 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 26 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,000,000
Return: $0 (own at exit: 0.64%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $0 (0.64% ownership @ exit)

Company 27 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,500,000
Return: $0 (own at exit: 0.82%)
   Check 1: $70,000 @ $8,500,000 (0.82%)
   Check 1 Returns: $0 (0.82% ownership @ exit)

Company 28 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 1.08%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $0 (1.08% ownership @ exit)

Company 29 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 2%)
   Check 1: $70,000 @ $3,500,000 (2%)
   Check 1 Returns: $0 (2% ownership @ exit)

Company 30 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 31 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 32 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,500,000
Return: $0 (own at exit: 4.67%)
   Check 1: $70,000 @ $1,500,000 (4.67%)
   Check 1 Returns: $0 (4.67% ownership @ exit)

Company 34 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,500,000
Return: $0 (own at exit: 4.67%)
   Check 1: $70,000 @ $1,500,000 (4.67%)
   Check 1 Returns: $0 (4.67% ownership @ exit)

Company 35 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 36 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 1.27%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $0 (1.27% ownership @ exit)

Company 38 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,000,000
Return: $0 (own at exit: 0.88%)
   Check 1: $70,000 @ $8,000,000 (0.88%)
   Check 1 Returns: $0 (0.88% ownership @ exit)

Company 39 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 40 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,500,000
Return: $0 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $0 (0.67% ownership @ exit)

Company 41 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,500,000
Return: $0 (own at exit: 4.67%)
   Check 1: $70,000 @ $1,500,000 (4.67%)
   Check 1 Returns: $0 (4.67% ownership @ exit)

Company 42 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 43 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,500,000
Return: $0 (own at exit: 4.67%)
   Check 1: $70,000 @ $1,500,000 (4.67%)
   Check 1 Returns: $0 (4.67% ownership @ exit)

Company 45 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,500,000
Return: $0 (own at exit: 2.8%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $0 (2.8% ownership @ exit)

Company 47 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 2%)
   Check 1: $70,000 @ $3,500,000 (2%)
   Check 1 Returns: $0 (2% ownership @ exit)

Company 48 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 49 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,000,000
Return: $0 (own at exit: 0.88%)
   Check 1: $70,000 @ $8,000,000 (0.88%)
   Check 1 Returns: $0 (0.88% ownership @ exit)

Company 50 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 51 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 52 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,000,000
Return: $0 (own at exit: 0.64%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $0 (0.64% ownership @ exit)

Company 53 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 2%)
   Check 1: $70,000 @ $3,500,000 (2%)
   Check 1 Returns: $0 (2% ownership @ exit)

Company 54 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 56 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,000,000
Return: $0 (own at exit: 0.7%)
   Check 1: $70,000 @ $10,000,000 (0.7%)
   Check 1 Returns: $0 (0.7% ownership @ exit)

Company 58 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,500,000
Return: $0 (own at exit: 2.8%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $0 (2.8% ownership @ exit)

Company 59 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 1.4%)
   Check 1: $70,000 @ $5,000,000 (1.4%)
   Check 1 Returns: $0 (1.4% ownership @ exit)

Company 60 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,000,000
Return: $0 (own at exit: 0.5%)
   Check 1: $70,000 @ $14,000,000 (0.5%)
   Check 1 Returns: $0 (0.5% ownership @ exit)

Company 62 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 63 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,500,000
Return: $0 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $0 (0.67% ownership @ exit)

Company 64 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 1.27%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $0 (1.27% ownership @ exit)

Company 66 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 67 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 68 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 69 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 70 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 1.27%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $0 (1.27% ownership @ exit)

Company 71 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,500,000
Return: $0 (own at exit: 0.61%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $0 (0.61% ownership @ exit)

Company 72 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 73 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 74 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 75 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 76 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,000,000
Return: $0 (own at exit: 0.64%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $0 (0.64% ownership @ exit)

Company 77 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,500,000
Return: $0 (own at exit: 0.82%)
   Check 1: $70,000 @ $8,500,000 (0.82%)
   Check 1 Returns: $0 (0.82% ownership @ exit)

Company 78 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 79 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 80 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 1.17%)
   Check 1: $70,000 @ $6,000,000 (1.17%)
   Check 1 Returns: $0 (1.17% ownership @ exit)

Company 81 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,500,000
Return: $0 (own at exit: 0.61%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $0 (0.61% ownership @ exit)

Company 82 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,000,000
Return: $0 (own at exit: 0.58%)
   Check 1: $70,000 @ $12,000,000 (0.58%)
   Check 1 Returns: $0 (0.58% ownership @ exit)

Company 83 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,500,000
Return: $0 (own at exit: 0.56%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $0 (0.56% ownership @ exit)

Company 85 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,500,000
Return: $0 (own at exit: 0.93%)
   Check 1: $70,000 @ $7,500,000 (0.93%)
   Check 1 Returns: $0 (0.93% ownership @ exit)

Company 89 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 90 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,000,000
Return: $0 (own at exit: 0.64%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $0 (0.64% ownership @ exit)

Company 91 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,000,000
Return: $0 (own at exit: 0.5%)
   Check 1: $70,000 @ $14,000,000 (0.5%)
   Check 1 Returns: $0 (0.5% ownership @ exit)

Company 93 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 94 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 95 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 96 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 97 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 98 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,000,000
Return: $0 (own at exit: 0.5%)
   Check 1: $70,000 @ $14,000,000 (0.5%)
   Check 1 Returns: $0 (0.5% ownership @ exit)

Company 99 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,500,000
Return: $0 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $0 (0.67% ownership @ exit)

Company 100 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 102 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,500,000
Return: $0 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $0 (0.67% ownership @ exit)

Company 103 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 1.17%)
   Check 1: $70,000 @ $6,000,000 (1.17%)
   Check 1 Returns: $0 (1.17% ownership @ exit)

Company 104 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,000,000
Return: $0 (own at exit: 0.5%)
   Check 1: $70,000 @ $14,000,000 (0.5%)
   Check 1 Returns: $0 (0.5% ownership @ exit)

Company 106 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,500,000
Return: $0 (own at exit: 0.61%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $0 (0.61% ownership @ exit)

Company 107 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 108 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 110 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,000,000
Return: $0 (own at exit: 0.58%)
   Check 1: $70,000 @ $12,000,000 (0.58%)
   Check 1 Returns: $0 (0.58% ownership @ exit)

Company 111 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 114 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 115 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,000,000
Return: $0 (own at exit: 0.64%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $0 (0.64% ownership @ exit)

Company 117 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 118 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,500,000
Return: $0 (own at exit: 2.8%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $0 (2.8% ownership @ exit)

Company 119 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Top Quartile Portfolio

75% of simulated portfolios performed worse than this portfolio, 25% performed better%. Click 'show/hide details' to see each investment.

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Top Quartile Fund Portfolio

Company 94 - $10,481,391,033 exit after 7 rounds
Invested: $160,000
Blended Cost Basis: $22,234,552
Return: $21,398,881 (own at exit: 0.2%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $13,264,438 (0.13% ownership @ exit)
   Check 2: $90,000 @ $38,000,000 (0.24%)
   Check 2 Returns: $8,134,442 (0.08% ownership @ exit)

Company 98 - $112,829,996 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $9,263,158
Return: $1,045,093 (own at exit: 0.93%)
   Check 1: $70,000 @ $5,000,000 (1.4%)
   Check 1 Returns: $808,765 (0.72% ownership @ exit)
   Check 2: $90,000 @ $27,500,000 (0.33%)
   Check 2 Returns: $236,327 (0.21% ownership @ exit)

Company 108 - $101,510,577 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $20,286,659
Return: $433,300 (own at exit: 0.43%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $316,359 (0.31% ownership @ exit)
   Check 2: $90,000 @ $50,000,000 (0.18%)
   Check 2 Returns: $116,940 (0.12% ownership @ exit)

Company 80 - $95,387,455 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $7,100,000
Return: $1,131,537 (own at exit: 1.19%)
   Check 1: $70,000 @ $3,500,000 (2%)
   Check 1 Returns: $976,767 (1.02% ownership @ exit)
   Check 2: $90,000 @ $35,500,000 (0.25%)
   Check 2 Returns: $154,769 (0.16% ownership @ exit)

Company 72 - $95,250,888 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $15,304,348
Return: $559,729 (own at exit: 0.59%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $310,344 (0.33% ownership @ exit)
   Check 2: $90,000 @ $22,000,000 (0.41%)
   Check 2 Returns: $249,384 (0.26% ownership @ exit)

Company 85 - $87,477,970 exit after 4 rounds
Invested: $160,000
Blended Cost Basis: $22,068,966
Return: $349,912 (own at exit: 0.4%)
   Check 1: $70,000 @ $14,000,000 (0.5%)
   Check 1 Returns: $223,943 (0.26% ownership @ exit)
   Check 2: $90,000 @ $40,000,000 (0.22%)
   Check 2 Returns: $125,968 (0.14% ownership @ exit)

Company 59 - $59,440,256 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $17,451,206
Return: $365,902 (own at exit: 0.62%)
   Check 1: $70,000 @ $9,500,000 (0.74%)
   Check 1 Returns: $280,307 (0.47% ownership @ exit)
   Check 2: $90,000 @ $50,000,000 (0.18%)
   Check 2 Returns: $85,593 (0.14% ownership @ exit)

Company 42 - $56,228,174 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $8,166,172
Return: $723,905 (own at exit: 1.29%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $629,755 (1.12% ownership @ exit)
   Check 2: $90,000 @ $43,000,000 (0.21%)
   Check 2 Returns: $94,149 (0.17% ownership @ exit)

Company 11 - $54,325,792 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $18,973,978
Return: $311,173 (own at exit: 0.57%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $221,254 (0.41% ownership @ exit)
   Check 2: $90,000 @ $43,500,000 (0.21%)
   Check 2 Returns: $89,918 (0.17% ownership @ exit)

Company 6 - $53,696,484 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $4,313,480
Return: $1,292,712 (own at exit: 2.41%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $1,202,801 (2.24% ownership @ exit)
   Check 2: $90,000 @ $43,000,000 (0.21%)
   Check 2 Returns: $89,910 (0.17% ownership @ exit)

Company 87 - $52,225,806 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $5,971,292
Return: $924,531 (own at exit: 1.77%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $779,905 (1.49% ownership @ exit)
   Check 2: $90,000 @ $26,000,000 (0.35%)
   Check 2 Returns: $144,625 (0.28% ownership @ exit)

Company 64 - $52,116,166 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $15,632,184
Return: $358,069 (own at exit: 0.69%)
   Check 1: $70,000 @ $8,500,000 (0.82%)
   Check 1 Returns: $274,682 (0.53% ownership @ exit)
   Check 2: $90,000 @ $45,000,000 (0.2%)
   Check 2 Returns: $83,385 (0.16% ownership @ exit)

Company 43 - $51,993,120 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $16,376,471
Return: $350,924 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $221,837 (0.43% ownership @ exit)
   Check 2: $90,000 @ $29,000,000 (0.31%)
   Check 2 Returns: $129,086 (0.25% ownership @ exit)

Company 113 - $51,628,219 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $15,794,621
Return: $350,369 (own at exit: 0.68%)
   Check 1: $70,000 @ $8,500,000 (0.82%)
   Check 1 Returns: $272,111 (0.53% ownership @ exit)
   Check 2: $90,000 @ $47,500,000 (0.19%)
   Check 2 Returns: $78,257 (0.15% ownership @ exit)

Company 109 - $51,279,340 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $17,515,789
Return: $330,555 (own at exit: 0.64%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $176,716 (0.34% ownership @ exit)
   Check 2: $90,000 @ $24,000,000 (0.38%)
   Check 2 Returns: $153,838 (0.3% ownership @ exit)

Company 22 - $50,890,812 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $2,212,766
Return: $2,373,861 (own at exit: 4.66%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $2,279,908 (4.48% ownership @ exit)
   Check 2: $90,000 @ $39,000,000 (0.23%)
   Check 2 Returns: $93,952 (0.18% ownership @ exit)

Company 104 - $49,738,316 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $9,615,202
Return: $560,844 (own at exit: 1.13%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $405,141 (0.81% ownership @ exit)
   Check 2: $90,000 @ $23,000,000 (0.39%)
   Check 2 Returns: $155,702 (0.31% ownership @ exit)

Company 37 - $49,365,505 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $21,232,877
Return: $253,363 (own at exit: 0.51%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $176,925 (0.36% ownership @ exit)
   Check 2: $90,000 @ $46,500,000 (0.19%)
   Check 2 Returns: $76,436 (0.15% ownership @ exit)

Company 75 - $47,897,970 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $15,086,270
Return: $339,335 (own at exit: 0.71%)
   Check 1: $70,000 @ $8,000,000 (0.88%)
   Check 1 Returns: $268,228 (0.56% ownership @ exit)
   Check 2: $90,000 @ $48,500,000 (0.19%)
   Check 2 Returns: $71,106 (0.15% ownership @ exit)

Company 95 - $47,808,767 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $4,254,335
Return: $1,170,691 (own at exit: 2.45%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $1,070,916 (2.24% ownership @ exit)
   Check 2: $90,000 @ $34,500,000 (0.26%)
   Check 2 Returns: $99,774 (0.21% ownership @ exit)

Company 56 - $44,835,049 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $17,419,355
Return: $292,258 (own at exit: 0.65%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $148,785 (0.33% ownership @ exit)
   Check 2: $90,000 @ $22,500,000 (0.4%)
   Check 2 Returns: $143,472 (0.32% ownership @ exit)

Company 91 - $44,519,081 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $8,497,854
Return: $559,771 (own at exit: 1.26%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $443,212 (1% ownership @ exit)
   Check 2: $90,000 @ $27,500,000 (0.33%)
   Check 2 Returns: $116,559 (0.26% ownership @ exit)

Company 45 - $44,309,527 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $15,491,391
Return: $307,730 (own at exit: 0.69%)
   Check 1: $70,000 @ $8,500,000 (0.82%)
   Check 1 Returns: $233,537 (0.53% ownership @ exit)
   Check 2: $90,000 @ $43,000,000 (0.21%)
   Check 2 Returns: $74,192 (0.17% ownership @ exit)

Company 66 - $44,299,291 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $7,893,738
Return: $594,292 (own at exit: 1.34%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $496,152 (1.12% ownership @ exit)
   Check 2: $90,000 @ $32,500,000 (0.28%)
   Check 2 Returns: $98,139 (0.22% ownership @ exit)

Company 1 - $43,498,096 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $11,577,358
Return: $405,967 (own at exit: 0.93%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $299,802 (0.69% ownership @ exit)
   Check 2: $90,000 @ $29,500,000 (0.31%)
   Check 2 Returns: $106,164 (0.24% ownership @ exit)

Company 34 - $43,074,280 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $10,722,140
Return: $426,502 (own at exit: 0.99%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $350,859 (0.81% ownership @ exit)
   Check 2: $90,000 @ $41,000,000 (0.22%)
   Check 2 Returns: $75,642 (0.18% ownership @ exit)

Company 78 - $41,992,616 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $13,029,940
Return: $353,726 (own at exit: 0.84%)
   Check 1: $70,000 @ $8,000,000 (0.88%)
   Check 1 Returns: $235,158 (0.56% ownership @ exit)
   Check 2: $90,000 @ $25,500,000 (0.35%)
   Check 2 Returns: $118,567 (0.28% ownership @ exit)

Company 100 - $41,936,432 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $6,139,535
Return: $717,748 (own at exit: 1.71%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $626,250 (1.49% ownership @ exit)
   Check 2: $90,000 @ $33,000,000 (0.27%)
   Check 2 Returns: $91,497 (0.22% ownership @ exit)

Company 53 - $40,639,601 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $15,290,016
Return: $289,640 (own at exit: 0.71%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $202,294 (0.5% ownership @ exit)
   Check 2: $90,000 @ $33,500,000 (0.27%)
   Check 2 Returns: $87,344 (0.21% ownership @ exit)

Company 8 - $40,592,928 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $5,268,631
Return: $804,338 (own at exit: 1.98%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $727,425 (1.79% ownership @ exit)
   Check 2: $90,000 @ $38,000,000 (0.24%)
   Check 2 Returns: $76,912 (0.19% ownership @ exit)

Company 63 - $40,255,287 exit after 3 rounds
Invested: $160,000
Blended Cost Basis: $22,606,577
Return: $196,834 (own at exit: 0.49%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $124,374 (0.31% ownership @ exit)
   Check 2: $90,000 @ $40,000,000 (0.22%)
   Check 2 Returns: $72,459 (0.18% ownership @ exit)

Company 0 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 2 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,500,000
Return: $0 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $0 (0.67% ownership @ exit)

Company 3 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 4 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 1.4%)
   Check 1: $70,000 @ $5,000,000 (1.4%)
   Check 1 Returns: $0 (1.4% ownership @ exit)

Company 5 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 7 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 9 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 10 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,500,000
Return: $0 (own at exit: 4.67%)
   Check 1: $70,000 @ $1,500,000 (4.67%)
   Check 1 Returns: $0 (4.67% ownership @ exit)

Company 12 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 13 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 14 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,500,000
Return: $0 (own at exit: 0.67%)
   Check 1: $70,000 @ $10,500,000 (0.67%)
   Check 1 Returns: $0 (0.67% ownership @ exit)

Company 15 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $10,000,000
Return: $0 (own at exit: 0.7%)
   Check 1: $70,000 @ $10,000,000 (0.7%)
   Check 1 Returns: $0 (0.7% ownership @ exit)

Company 16 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,500,000
Return: $0 (own at exit: 0.56%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $0 (0.56% ownership @ exit)

Company 17 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 1.17%)
   Check 1: $70,000 @ $6,000,000 (1.17%)
   Check 1 Returns: $0 (1.17% ownership @ exit)

Company 18 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $15,000,000
Return: $0 (own at exit: 0.47%)
   Check 1: $70,000 @ $15,000,000 (0.47%)
   Check 1 Returns: $0 (0.47% ownership @ exit)

Company 19 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 1.17%)
   Check 1: $70,000 @ $6,000,000 (1.17%)
   Check 1 Returns: $0 (1.17% ownership @ exit)

Company 20 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,000,000
Return: $0 (own at exit: 0.88%)
   Check 1: $70,000 @ $8,000,000 (0.88%)
   Check 1 Returns: $0 (0.88% ownership @ exit)

Company 21 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,500,000
Return: $0 (own at exit: 0.56%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $0 (0.56% ownership @ exit)

Company 23 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 1.4%)
   Check 1: $70,000 @ $5,000,000 (1.4%)
   Check 1 Returns: $0 (1.4% ownership @ exit)

Company 24 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 25 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 26 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 27 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 28 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,500,000
Return: $0 (own at exit: 0.93%)
   Check 1: $70,000 @ $7,500,000 (0.93%)
   Check 1 Returns: $0 (0.93% ownership @ exit)

Company 29 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,500,000
Return: $0 (own at exit: 0.61%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $0 (0.61% ownership @ exit)

Company 30 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 31 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $15,000,000
Return: $0 (own at exit: 0.47%)
   Check 1: $70,000 @ $15,000,000 (0.47%)
   Check 1 Returns: $0 (0.47% ownership @ exit)

Company 32 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 1.08%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $0 (1.08% ownership @ exit)

Company 33 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,000,000
Return: $0 (own at exit: 3.5%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $0 (3.5% ownership @ exit)

Company 35 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,500,000
Return: $0 (own at exit: 0.61%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $0 (0.61% ownership @ exit)

Company 36 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,000,000
Return: $0 (own at exit: 0.58%)
   Check 1: $70,000 @ $12,000,000 (0.58%)
   Check 1 Returns: $0 (0.58% ownership @ exit)

Company 38 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 39 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 1.08%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $0 (1.08% ownership @ exit)

Company 40 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,500,000
Return: $0 (own at exit: 0.61%)
   Check 1: $70,000 @ $11,500,000 (0.61%)
   Check 1 Returns: $0 (0.61% ownership @ exit)

Company 41 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 1.08%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $0 (1.08% ownership @ exit)

Company 44 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 46 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 47 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 48 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.52%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $0 (0.52% ownership @ exit)

Company 49 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 50 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 51 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 1.4%)
   Check 1: $70,000 @ $5,000,000 (1.4%)
   Check 1 Returns: $0 (1.4% ownership @ exit)

Company 52 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,500,000
Return: $0 (own at exit: 0.93%)
   Check 1: $70,000 @ $7,500,000 (0.93%)
   Check 1 Returns: $0 (0.93% ownership @ exit)

Company 54 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 55 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,000,000
Return: $0 (own at exit: 1.75%)
   Check 1: $70,000 @ $4,000,000 (1.75%)
   Check 1 Returns: $0 (1.75% ownership @ exit)

Company 57 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 58 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 60 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,500,000
Return: $0 (own at exit: 2.8%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $0 (2.8% ownership @ exit)

Company 61 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,000,000
Return: $0 (own at exit: 0.54%)
   Check 1: $70,000 @ $13,000,000 (0.54%)
   Check 1 Returns: $0 (0.54% ownership @ exit)

Company 62 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.52%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $0 (0.52% ownership @ exit)

Company 65 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.52%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $0 (0.52% ownership @ exit)

Company 67 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 1.27%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $0 (1.27% ownership @ exit)

Company 68 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,500,000
Return: $0 (own at exit: 0.56%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $0 (0.56% ownership @ exit)

Company 69 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,000,000
Return: $0 (own at exit: 0.88%)
   Check 1: $70,000 @ $8,000,000 (0.88%)
   Check 1 Returns: $0 (0.88% ownership @ exit)

Company 70 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,500,000
Return: $0 (own at exit: 4.67%)
   Check 1: $70,000 @ $1,500,000 (4.67%)
   Check 1 Returns: $0 (4.67% ownership @ exit)

Company 71 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,500,000
Return: $0 (own at exit: 0.48%)
   Check 1: $70,000 @ $14,500,000 (0.48%)
   Check 1 Returns: $0 (0.48% ownership @ exit)

Company 73 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,000,000
Return: $0 (own at exit: 3.5%)
   Check 1: $70,000 @ $2,000,000 (3.5%)
   Check 1 Returns: $0 (3.5% ownership @ exit)

Company 74 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $11,000,000
Return: $0 (own at exit: 0.64%)
   Check 1: $70,000 @ $11,000,000 (0.64%)
   Check 1 Returns: $0 (0.64% ownership @ exit)

Company 76 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 1.08%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $0 (1.08% ownership @ exit)

Company 77 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.52%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $0 (0.52% ownership @ exit)

Company 79 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 1.27%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $0 (1.27% ownership @ exit)

Company 81 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Company 82 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,000,000
Return: $0 (own at exit: 0.78%)
   Check 1: $70,000 @ $9,000,000 (0.78%)
   Check 1 Returns: $0 (0.78% ownership @ exit)

Company 83 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,500,000
Return: $0 (own at exit: 1.08%)
   Check 1: $70,000 @ $6,500,000 (1.08%)
   Check 1 Returns: $0 (1.08% ownership @ exit)

Company 84 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 86 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 88 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,000,000
Return: $0 (own at exit: 0.58%)
   Check 1: $70,000 @ $12,000,000 (0.58%)
   Check 1 Returns: $0 (0.58% ownership @ exit)

Company 89 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,500,000
Return: $0 (own at exit: 2%)
   Check 1: $70,000 @ $3,500,000 (2%)
   Check 1 Returns: $0 (2% ownership @ exit)

Company 90 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 92 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,500,000
Return: $0 (own at exit: 1.27%)
   Check 1: $70,000 @ $5,500,000 (1.27%)
   Check 1 Returns: $0 (1.27% ownership @ exit)

Company 93 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $5,000,000
Return: $0 (own at exit: 1.4%)
   Check 1: $70,000 @ $5,000,000 (1.4%)
   Check 1 Returns: $0 (1.4% ownership @ exit)

Company 96 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,000,000
Return: $0 (own at exit: 0.5%)
   Check 1: $70,000 @ $14,000,000 (0.5%)
   Check 1 Returns: $0 (0.5% ownership @ exit)

Company 97 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $9,500,000
Return: $0 (own at exit: 0.74%)
   Check 1: $70,000 @ $9,500,000 (0.74%)
   Check 1 Returns: $0 (0.74% ownership @ exit)

Company 99 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $3,000,000
Return: $0 (own at exit: 2.33%)
   Check 1: $70,000 @ $3,000,000 (2.33%)
   Check 1 Returns: $0 (2.33% ownership @ exit)

Company 101 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $15,000,000
Return: $0 (own at exit: 0.47%)
   Check 1: $70,000 @ $15,000,000 (0.47%)
   Check 1 Returns: $0 (0.47% ownership @ exit)

Company 102 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.52%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $0 (0.52% ownership @ exit)

Company 103 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,500,000
Return: $0 (own at exit: 0.56%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $0 (0.56% ownership @ exit)

Company 105 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 106 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.52%)
   Check 1: $70,000 @ $13,500,000 (0.52%)
   Check 1 Returns: $0 (0.52% ownership @ exit)

Company 107 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 1%)
   Check 1: $70,000 @ $7,000,000 (1%)
   Check 1 Returns: $0 (1% ownership @ exit)

Company 110 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $8,500,000
Return: $0 (own at exit: 0.82%)
   Check 1: $70,000 @ $8,500,000 (0.82%)
   Check 1 Returns: $0 (0.82% ownership @ exit)

Company 111 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $6,000,000
Return: $0 (own at exit: 1.17%)
   Check 1: $70,000 @ $6,000,000 (1.17%)
   Check 1 Returns: $0 (1.17% ownership @ exit)

Company 112 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,000,000
Return: $0 (own at exit: 0.58%)
   Check 1: $70,000 @ $12,000,000 (0.58%)
   Check 1 Returns: $0 (0.58% ownership @ exit)

Company 114 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $14,000,000
Return: $0 (own at exit: 0.5%)
   Check 1: $70,000 @ $14,000,000 (0.5%)
   Check 1 Returns: $0 (0.5% ownership @ exit)

Company 115 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $12,500,000
Return: $0 (own at exit: 0.56%)
   Check 1: $70,000 @ $12,500,000 (0.56%)
   Check 1 Returns: $0 (0.56% ownership @ exit)

Company 116 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $2,500,000
Return: $0 (own at exit: 2.8%)
   Check 1: $70,000 @ $2,500,000 (2.8%)
   Check 1 Returns: $0 (2.8% ownership @ exit)

Company 117 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $4,500,000
Return: $0 (own at exit: 1.56%)
   Check 1: $70,000 @ $4,500,000 (1.56%)
   Check 1 Returns: $0 (1.56% ownership @ exit)

Company 118 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $15,000,000
Return: $0 (own at exit: 0.47%)
   Check 1: $70,000 @ $15,000,000 (0.47%)
   Check 1 Returns: $0 (0.47% ownership @ exit)

Company 119 - $0 exit after 1 rounds
Invested: $70,000
Blended Cost Basis: $1,000,000
Return: $0 (own at exit: 7%)
   Check 1: $70,000 @ $1,000,000 (7%)
   Check 1 Returns: $0 (7% ownership @ exit)

Portfolio Size vs TVPI

How changing portfolio size would affect returns.

Reserves (%) vs TVPI

How changing the percent of capital reserved for follow-on would affect returns.

Fund Model

Fund
$12,000,000
Investments
120
Reserve
30%
Follow-on rate
33%
Follow-on Picking
Above Average Picking

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Silicon Valley Seed Market

Made up data for Seed investing. This assumes the first investment is at seed and the follow-on is at Series A.

Company Valuations

Entry Valuation
$1-15M
Follow-on Valuation
$20-50M

Dilution

Dilution Per Round
20%

Outcome Distribution

Probability Exit Rounds
0.1% $10B 7
1% $1B 6
1% $500M 5
5% $100M 4
20% $50M 3
72.9% $0 1