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
Ridgewood Capital vs Kairos
Not ranked
Whole-book follow-on hit rate 83.3% (5 of 6 labeled deals). 95% Wilson interval 43.6%–97.0%. Vintage-weighted base rate 37.3%. 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
+46.1 pp
83.3% on 6 deals vs 37.3%
Vs median VC book
+29.8 pp
75.0% on 4 deals vs 45.2%
Vs top-quartile VC
+15.2 pp
75.0% on 4 deals vs 59.8%
Vs Y Combinator
-18.8 pp
50.0% on 2 deals vs 68.8%
Median and top-quartile VC benchmarks exist only through 2015. That comparison uses 4 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
4
Mean model percentile
37
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 33.3% (2 of 6). 95% Wilson interval 9.7%–70.0%.
Vs exit base rate
+20.5 pp
33.3% on 6 deals vs 12.9%
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 |
|---|---|---|---|---|
| Bluesocketbluesocket.com | 2003 | Yes | 43 | — |
| Ethertronicsethertronics.com | 2009 | No | 41 | — |
| SavaJe Technologies | 2003 | Yes | 37 | — |
| CleverSetcleverset.com | 2005 | Yes | 29 | — |
| Myriomyrio.com | 2001 | Yes | — | — |
| The FeedRoomfeedroom.com | 2000 | Yes | — | — |