Accelerator Fund Focussing on Malaysia & SEA by @aaronsarma

Probability of Fund Multiple

1x
31.1%
3x
9.2%
10x
1.5%

TVPI Distribution

3rd Quartile
0.45
Median
0.70
Top Quartile
1.17

Investments

Initial Check
$125K
Follow-on
$227.3K
Blended Cost Basis
$29.5M

Company Ownership

Avg Initial
0.9%
Avg At Exit
0.59%
Dilution/Round
25%

Median Performing Portfolio

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

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Median Fund Portfolio

Company 11 - $1,098,937,481 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $19,500,000
Return: $2,885,415 (own at exit: 0.26%)
   Check 1: $125,000 @ $19,500,000 (0.64%)
   Check 1 Returns: $2,885,415 (0.26% ownership @ exit)

Company 7 - $116,705,428 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $22,251,534
Return: $779,995 (own at exit: 0.67%)
   Check 1: $125,000 @ $9,000,000 (1.39%)
   Check 1 Returns: $663,924 (0.57% ownership @ exit)
   Check 2: $227,273 @ $117,000,000 (0.19%)
   Check 2 Returns: $116,070 (0.1% ownership @ exit)

Company 19 - $95,899,358 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $28,000,000
Return: $175,359 (own at exit: 0.18%)
   Check 1: $125,000 @ $28,000,000 (0.45%)
   Check 1 Returns: $175,358 (0.18% ownership @ exit)

Company 0 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $43,857,645
Return: $0 (own at exit: 0.36%)
   Check 1: $125,000 @ $23,000,000 (0.54%)
   Check 1 Returns: $0 (0.22% ownership @ exit)
   Check 2: $227,273 @ $87,500,000 (0.26%)
   Check 2 Returns: $0 (0.13% ownership @ exit)

Company 1 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $29,324,732
Return: $0 (own at exit: 0.53%)
   Check 1: $125,000 @ $14,500,000 (0.86%)
   Check 1 Returns: $0 (0.35% ownership @ exit)
   Check 2: $227,273 @ $67,000,000 (0.34%)
   Check 2 Returns: $0 (0.17% ownership @ exit)

Company 2 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $46,293,292
Return: $0 (own at exit: 0.32%)
   Check 1: $125,000 @ $19,500,000 (0.64%)
   Check 1 Returns: $0 (0.26% ownership @ exit)
   Check 2: $227,273 @ $189,500,000 (0.12%)
   Check 2 Returns: $0 (0.06% ownership @ exit)

Company 3 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $50,738,441
Return: $0 (own at exit: 0.31%)
   Check 1: $125,000 @ $29,500,000 (0.42%)
   Check 1 Returns: $0 (0.17% ownership @ exit)
   Check 2: $227,273 @ $84,000,000 (0.27%)
   Check 2 Returns: $0 (0.14% ownership @ exit)

Company 4 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $32,295,039
Return: $0 (own at exit: 0.49%)
   Check 1: $125,000 @ $19,000,000 (0.66%)
   Check 1 Returns: $0 (0.27% ownership @ exit)
   Check 2: $227,273 @ $52,500,000 (0.43%)
   Check 2 Returns: $0 (0.22% ownership @ exit)

Company 5 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $28,140,777
Return: $0 (own at exit: 0.57%)
   Check 1: $125,000 @ $17,000,000 (0.74%)
   Check 1 Returns: $0 (0.3% ownership @ exit)
   Check 2: $227,273 @ $44,000,000 (0.52%)
   Check 2 Returns: $0 (0.26% ownership @ exit)

Company 6 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $27,500,000
Return: $0 (own at exit: 0.19%)
   Check 1: $125,000 @ $27,500,000 (0.45%)
   Check 1 Returns: $0 (0.19% ownership @ exit)

Company 8 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $7,000,000
Return: $0 (own at exit: 0.73%)
   Check 1: $125,000 @ $7,000,000 (1.79%)
   Check 1 Returns: $0 (0.73% ownership @ exit)

Company 9 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $23,790,698
Return: $0 (own at exit: 0.64%)
   Check 1: $125,000 @ $11,000,000 (1.14%)
   Check 1 Returns: $0 (0.47% ownership @ exit)
   Check 2: $227,273 @ $66,000,000 (0.34%)
   Check 2 Returns: $0 (0.18% ownership @ exit)

Company 10 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $53,232,041
Return: $0 (own at exit: 0.29%)
   Check 1: $125,000 @ $29,000,000 (0.43%)
   Check 1 Returns: $0 (0.18% ownership @ exit)
   Check 2: $227,273 @ $98,500,000 (0.23%)
   Check 2 Returns: $0 (0.12% ownership @ exit)

Company 12 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $25,500,000
Return: $0 (own at exit: 0.2%)
   Check 1: $125,000 @ $25,500,000 (0.49%)
   Check 1 Returns: $0 (0.2% ownership @ exit)

Company 13 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $27,500,000
Return: $0 (own at exit: 0.19%)
   Check 1: $125,000 @ $27,500,000 (0.45%)
   Check 1 Returns: $0 (0.19% ownership @ exit)

Company 14 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $48,828,564
Return: $0 (own at exit: 0.31%)
   Check 1: $125,000 @ $22,500,000 (0.56%)
   Check 1 Returns: $0 (0.23% ownership @ exit)
   Check 2: $227,273 @ $137,000,000 (0.17%)
   Check 2 Returns: $0 (0.08% ownership @ exit)

Company 15 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $21,776,277
Return: $0 (own at exit: 0.68%)
   Check 1: $125,000 @ $8,500,000 (1.47%)
   Check 1 Returns: $0 (0.6% ownership @ exit)
   Check 2: $227,273 @ $154,500,000 (0.15%)
   Check 2 Returns: $0 (0.08% ownership @ exit)

Company 16 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $17,500,000
Return: $0 (own at exit: 0.29%)
   Check 1: $125,000 @ $17,500,000 (0.71%)
   Check 1 Returns: $0 (0.29% ownership @ exit)

Company 17 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $40,060,386
Return: $0 (own at exit: 0.4%)
   Check 1: $125,000 @ $27,500,000 (0.45%)
   Check 1 Returns: $0 (0.19% ownership @ exit)
   Check 2: $227,273 @ $53,500,000 (0.42%)
   Check 2 Returns: $0 (0.22% ownership @ exit)

Company 18 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.38%)
   Check 1: $125,000 @ $13,500,000 (0.93%)
   Check 1 Returns: $0 (0.38% 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 2 - $1,195,636,235 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $43,093,069
Return: $4,415,648 (own at exit: 0.37%)
   Check 1: $125,000 @ $26,000,000 (0.48%)
   Check 1 Returns: $2,354,483 (0.2% ownership @ exit)
   Check 2: $227,273 @ $67,500,000 (0.34%)
   Check 2 Returns: $2,061,164 (0.17% ownership @ exit)

Company 6 - $200,902,011 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $13,024,224
Return: $2,267,846 (own at exit: 1.13%)
   Check 1: $125,000 @ $5,000,000 (2.5%)
   Check 1 Returns: $2,057,236 (1.02% ownership @ exit)
   Check 2: $227,273 @ $111,000,000 (0.2%)
   Check 2 Returns: $210,609 (0.1% ownership @ exit)

Company 5 - $119,450,042 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $23,000,000
Return: $265,906 (own at exit: 0.22%)
   Check 1: $125,000 @ $23,000,000 (0.54%)
   Check 1 Returns: $265,906 (0.22% ownership @ exit)

Company 0 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $51,695,612
Return: $0 (own at exit: 0.29%)
   Check 1: $125,000 @ $23,500,000 (0.53%)
   Check 1 Returns: $0 (0.22% ownership @ exit)
   Check 2: $227,273 @ $152,000,000 (0.15%)
   Check 2 Returns: $0 (0.08% ownership @ exit)

Company 1 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $30,000,000
Return: $0 (own at exit: 0.17%)
   Check 1: $125,000 @ $30,000,000 (0.42%)
   Check 1 Returns: $0 (0.17% ownership @ exit)

Company 3 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $34,082,260
Return: $0 (own at exit: 0.44%)
   Check 1: $125,000 @ $14,500,000 (0.86%)
   Check 1 Returns: $0 (0.35% ownership @ exit)
   Check 2: $227,273 @ $132,500,000 (0.17%)
   Check 2 Returns: $0 (0.09% ownership @ exit)

Company 4 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $34,747,253
Return: $0 (own at exit: 0.46%)
   Check 1: $125,000 @ $22,000,000 (0.57%)
   Check 1 Returns: $0 (0.23% ownership @ exit)
   Check 2: $227,273 @ $51,000,000 (0.45%)
   Check 2 Returns: $0 (0.23% ownership @ exit)

Company 7 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $31,939,394
Return: $0 (own at exit: 0.51%)
   Check 1: $125,000 @ $22,000,000 (0.57%)
   Check 1 Returns: $0 (0.23% ownership @ exit)
   Check 2: $227,273 @ $42,500,000 (0.53%)
   Check 2 Returns: $0 (0.27% ownership @ exit)

Company 8 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $26,984,456
Return: $0 (own at exit: 0.61%)
   Check 1: $125,000 @ $21,000,000 (0.6%)
   Check 1 Returns: $0 (0.24% ownership @ exit)
   Check 2: $227,273 @ $32,000,000 (0.71%)
   Check 2 Returns: $0 (0.36% ownership @ exit)

Company 9 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $22,500,000
Return: $0 (own at exit: 0.23%)
   Check 1: $125,000 @ $22,500,000 (0.56%)
   Check 1 Returns: $0 (0.23% ownership @ exit)

Company 10 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $23,000,000
Return: $0 (own at exit: 0.22%)
   Check 1: $125,000 @ $23,000,000 (0.54%)
   Check 1 Returns: $0 (0.22% ownership @ exit)

Company 11 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $13,500,000
Return: $0 (own at exit: 0.38%)
   Check 1: $125,000 @ $13,500,000 (0.93%)
   Check 1 Returns: $0 (0.38% ownership @ exit)

Company 12 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $28,000,000
Return: $0 (own at exit: 0.18%)
   Check 1: $125,000 @ $28,000,000 (0.45%)
   Check 1 Returns: $0 (0.18% ownership @ exit)

Company 13 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $13,113,731
Return: $0 (own at exit: 1.12%)
   Check 1: $125,000 @ $5,000,000 (2.5%)
   Check 1 Returns: $0 (1.02% ownership @ exit)
   Check 2: $227,273 @ $122,000,000 (0.19%)
   Check 2 Returns: $0 (0.1% ownership @ exit)

Company 14 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $39,744,552
Return: $0 (own at exit: 0.38%)
   Check 1: $125,000 @ $16,500,000 (0.76%)
   Check 1 Returns: $0 (0.31% ownership @ exit)
   Check 2: $227,273 @ $176,500,000 (0.13%)
   Check 2 Returns: $0 (0.07% ownership @ exit)

Company 15 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $31,467,123
Return: $0 (own at exit: 0.51%)
   Check 1: $125,000 @ $19,500,000 (0.64%)
   Check 1 Returns: $0 (0.26% ownership @ exit)
   Check 2: $227,273 @ $47,500,000 (0.48%)
   Check 2 Returns: $0 (0.24% ownership @ exit)

Company 16 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $7,500,000
Return: $0 (own at exit: 0.68%)
   Check 1: $125,000 @ $7,500,000 (1.67%)
   Check 1 Returns: $0 (0.68% ownership @ exit)

Company 17 - $0 exit after 5 rounds
Invested: $125,000
Blended Cost Basis: $29,500,000
Return: $0 (own at exit: 0.17%)
   Check 1: $125,000 @ $29,500,000 (0.42%)
   Check 1 Returns: $0 (0.17% ownership @ exit)

Company 18 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $45,708,885
Return: $0 (own at exit: 0.33%)
   Check 1: $125,000 @ $20,000,000 (0.62%)
   Check 1 Returns: $0 (0.26% ownership @ exit)
   Check 2: $227,273 @ $156,000,000 (0.15%)
   Check 2 Returns: $0 (0.07% ownership @ exit)

Company 19 - $0 exit after 5 rounds
Invested: $352,273
Blended Cost Basis: $28,942,025
Return: $0 (own at exit: 0.52%)
   Check 1: $125,000 @ $12,000,000 (1.04%)
   Check 1 Returns: $0 (0.43% ownership @ exit)
   Check 2: $227,273 @ $129,500,000 (0.18%)
   Check 2 Returns: $0 (0.09% 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
$5,000,000
Investments
20
Reserve
50%
Follow-on rate
50%
Follow-on Picking
Above Average Picking

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Multistage

Investing in a wide range of valuations.

Company Valuations

Entry Valuation
$5-30M
Follow-on Valuation
$30-200M

Dilution

Dilution Per Round
25%

Outcome Distribution

Probability Exit Rounds
0.01% $50B 5
0.1% $10B 5
0.5% $5B 5
1% $1B 5
5% $250M 5
20% $100M 5
73.39% $0 5