Evidence for the Atlas Approach
Venture Capital
Alternative Investments Reality Check Series – Venture Capital: Returns Don't Match the Hype (Frier – January 2025)
In this video, our CIO Ken Frier takes a deep dive into venture capital–and why investors face significant hurdles accessing top funds and achieving success in this complex ecosystem.
Alternative Investments Reality Check Part 2: Venture Capital Investing, Good Ideas, Disappointing Returns (Frier – September 2023)
Atlas Capital discussion of Venture Capital pros and cons
2024 NVCA Yearbook
Provides an extensive set of information regarding the US Venture Capital industry, including the steep drop-off in exits after 2021 (p. 32).
Initial Public Offerings: VC-backed IPO Statistics Through 2023 (Ritter – April 2024)
Information regarding VC-backed IPO’s in the US, including the recent falloff.
Risk-Adjusting the Returns to Venture Capital (Korteweg, Nagel – August 2013)
When accounting for the risk profile of venture capital fund payoffs, particularly their resemblance to short index put options, abnormal returns turn negative.