Correlation Ventures

“Correlation Ventures found 65% returning less than 1x and only 4% returning 10x or more (via Seth Levine).”

“Data providers referenced as sources include Crunchbase, Carta, SVB, Correlation Ventures, and Multiples.vc.”

“A Correlation Ventures census of about 21,000 US financings (2004-2014) puts the loss-or-flat rate at 65.3%, while just 0.53% of deals land at 50x or higher.”