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
Orkos Capital vs Kairos
Not ranked
Whole-book follow-on hit rate 33.3% (2 of 6 labeled deals). 95% Wilson interval 9.7%–70.0%. Vintage-weighted base rate 45.6%. This is not a fund return.
Not ranked. A book needs at least 15 labeled deals with a vintage base rate. This one has 6.
Vs same-vintage base rate
-12.3 pp
33.3% on 6 deals vs 45.6%
Vs median VC book
-16.5 pp
40.0% on 5 deals vs 56.5%
Vs top-quartile VC
-32.3 pp
40.0% on 5 deals vs 72.3%
Vs Y Combinator
-22.7 pp
40.0% on 5 deals vs 62.7%
Median and top-quartile VC benchmarks exist only through 2015. That comparison uses 5 of 6 labeled deals. Later deals stay in the hit rate and the base-rate comparison.
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
5
Mean model percentile
67
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 40.0% (2 of 5). 95% Wilson interval 11.8%–76.9%.
Vs exit base rate
+29.2 pp
40.0% on 5 deals vs 10.8%
Vs median VC exit book
—
No overlapping vintages
Vs top-quartile exit book
—
No overlapping vintages
Companies
6 labeled follow-on deals, 0 matched without an observable label (dropped, not counted as failures).
| Company | Vintage | Follow-on | Kairos percentile | Flagged |
|---|---|---|---|---|
| Scoop.itscoop.it | 2009 | No | 95 | — |
| Muzicallmuzicall.com | 2009 | Yes | 68 | — |
| Linkfluencelinkfluence.com | 2010 | Yes | 63 | — |
| AudiSoft Group | 2010 | No | 58 | — |
| Liligo.comliligo.com | 2008 | No | 52 | — |
| Musiwavemusiwave.com | 2002 | No | — | — |