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
Shea Ventures 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 42.5%. 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
-9.1 pp
33.3% on 6 deals vs 42.5%
Vs median VC book
-19.4 pp
33.3% on 6 deals vs 52.8%
Vs top-quartile VC
-32.2 pp
33.3% on 6 deals vs 65.6%
Vs Y Combinator
-53.1 pp
20.0% on 5 deals vs 73.1%
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
6
Mean model percentile
57
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 66.7% (4 of 6). 95% Wilson interval 30.0%–90.3%.
Vs exit base rate
+51.5 pp
66.7% on 6 deals vs 15.2%
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 |
|---|---|---|---|---|
| HydroPoint Data Systemshydropoint.com | 2004 | Yes | 93 | — |
| Kaboodlekaboodle.com | 2005 | Yes | 87 | — |
| Aktinoaktino.com | 2005 | No | 47 | — |
| Instantisinstantis.com | 2006 | No | 44 | — |
| MetaSolv | 2005 | No | 40 | — |
| Pulse Entertainmentpulse3d.com | 2007 | No | 31 | — |