Wait for Your Pitch

Why discipline matters in venture capital

Jack Taylor
Jun 1, 2019 · 6 min read
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Image: Shutterstock

“For me, plate discipline is being able to know what pitch you want to put in play before you step in the box and not swinging at anything else but that.”

— Hall of Fame Atlanta Braves third baseman Chipper Jones

As in baseball, venture capital funds must “score runs” to succeed. Institutional VCs score by returning capital to limited partners (“LPs”), as measured by metrics such as multiple on invested capital (“MOIC”), total value to paid in capital (“TVPI”), internal rate of return (“IRR”), and distributions to paid in capital (“DPI”). The “game” is to provide a risk-adjusted return that exceeds what these LPs could have received by investing in other asset classes.

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Image: Touchdown Ventures

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Risky Business

Thoughts on corporate VC from the team at Touchdown…

Jack Taylor

Written by

VC @Touchdown_VC. Prior stint in the NYC venture world. Proud @InSITEFellows, @Wharton, & @DukeU alum. Avid NY Giants fan and lifelong learner.

Risky Business

Thoughts on corporate VC from the team at Touchdown Ventures, the leading provider of managed venture capital for corporations.

Jack Taylor

Written by

VC @Touchdown_VC. Prior stint in the NYC venture world. Proud @InSITEFellows, @Wharton, & @DukeU alum. Avid NY Giants fan and lifelong learner.

Risky Business

Thoughts on corporate VC from the team at Touchdown Ventures, the leading provider of managed venture capital for corporations.

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