SAFE Adjusted TVPI: How Early Stage VCs Should Communicate SAFE Note Markups to their LPs

A current topic among new’ish VCs who invest at early stages of startups – such as wonderful firms we back via Screendoor is rethinking how you communicate portfolio ‘value’ to investors. Historically you would hold your portfolio at the last priced equity round, unless there was a reason to mark it down (concern over its […]