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
TD Capital vs Kairos
Not ranked
Whole-book follow-on hit rate 62.5% (5 of 8 labeled deals). 95% Wilson interval 30.6%–86.3%. Vintage-weighted base rate 44.6%. This is not a fund return.
Not ranked. A book needs at least 15 labeled deals with a vintage base rate. This one has 8.
Vs same-vintage base rate
+17.9 pp
62.5% on 8 deals vs 44.6%
Vs median VC book
+7.1 pp
62.5% on 8 deals vs 55.4%
Vs top-quartile VC
-4.9 pp
62.5% on 8 deals vs 67.4%
Vs Y Combinator
-10.6 pp
62.5% on 8 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
8
Mean model percentile
66
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% (4 of 8). 95% Wilson interval 21.5%–78.5%.
Vs exit base rate
+35.3 pp
50.0% on 8 deals vs 14.7%
Vs median VC exit book
—
No overlapping vintages
Vs top-quartile exit book
—
No overlapping vintages
Companies
8 labeled follow-on deals, 0 matched without an observable label (dropped, not counted as failures).
| Company | Vintage | Follow-on | Kairos percentile | Flagged |
|---|---|---|---|---|
| Trust Digitaltrustdigital.com | 2005 | No | 90 | — |
| BlueCatbluecatnetworks.com | 2009 | Yes | 85 | — |
| Brabeion Softwarebrabeion.com | 2005 | Yes | 82 | — |
| Everypoint | 2005 | Yes | 79 | — |
| Makana Solutionsmakanasolutions.com | 2007 | No | 79 | — |
| Third Screen Mediathirdscreenmedia.com | 2005 | Yes | 67 | — |
| Nano Network Engines | 2006 | No | 30 | — |
| SiGe Semiconductorsige.com | 2005 | Yes | 16 | — |