Reconstructed first-round book from the research data, not a scrape of today's website. Public portfolio pages over-report winners, and this graph has the same public-data bias. Investor edges are essentially Crunchbase through late 2015, plus Y Combinator.
Research book · 3-year follow-on
GrandBanks Capital vs Kairos
Not ranked
Whole-book follow-on hit rate 100.0% (7 of 7 labeled deals). 95% Wilson interval 64.6%–100.0%. Vintage-weighted base rate 42.9%. This is not a fund return.
Not ranked. A book needs at least 15 labeled deals with a vintage base rate. This one has 7.
Vs same-vintage base rate
+57.1 pp
100.0% on 7 deals vs 42.9%
Vs median VC book
+46.3 pp
100.0% on 7 deals vs 53.7%
Vs top-quartile VC
+32.0 pp
100.0% on 7 deals vs 68.0%
Vs Y Combinator
+27.6 pp
100.0% on 6 deals vs 72.4%
Ranked when at least 15 labeled deals have a vintage base rate. Rank is the average-rank percentile of shrunk excess (20 pseudo-deals at that book's vintage base rate) among eligible VC books that clear the same minimum. 100 is best. The whole book is never compared to Kairos's top-50 hit rate.
What Kairos would have said
Scores are the model’s percentile at each company’s first observed funding event, not at a later round. That matches this fund’s entry only when the fund was in the first-round syndicate. A deal is flagged when its percentile clears that vintage’s top-50 cutoff. The whole book is not compared to the top-50 hit rate.
Deals with a score
7
Mean model percentile
74
Flagged deals
0no labeled flagged deals
Five-year exit, secondary
Five-year exit labels are observable mainly for 2005–2010. A missing later exit is not counted as a failure. This panel is not the ranking.
Hit rate 50.0% (3 of 6). 95% Wilson interval 18.8%–81.2%.
Vs exit base rate
+35.6 pp
50.0% on 6 deals vs 14.4%
Vs median VC exit book
—
No overlapping vintages
Vs top-quartile exit book
—
No overlapping vintages
Companies
7 labeled follow-on deals, 1 matched without an observable label (dropped, not counted as failures).
| Company | Vintage | Follow-on | Kairos percentile | Flagged |
|---|---|---|---|---|
| InsightSquaredinsightsquared.com | 2011 | Yes | 96 | — |
| Vivoxvivox.com | 2005 | Yes | 94 | — |
| Colubris Networkscolubris.com | 2004 | Yes | 80 | — |
| First Coveragefirstcoverage.com | 2006 | Yes | 77 | — |
| SilverRail Technologiessilverrailtech.com | 2010 | Yes | 75 | — |
| Coradiantcoradiant.com | 2005 | Yes | 62 | — |
| ULocate Communicationsulocate.com | 2007 | Yes | 30 | — |
| HDmessaginghdmessaging.com | 2013 | Unobserved | — | — |