Thanks for replying! That's what I love about HN - someone almost always has an expert/inside answer.

I gather when it's that fast and that big, you might not need that 10x multiple.

It's definitely not a total win - first, the return isn't actually ~50% given the $365M in installment payments and assumed unvested equity; second, your LPs committed capital to your fund expecting a certain IRR over the length of the fund (7 years i'm guessing? 10?). Getting them a low- to mid-double digit IRR over 1 year is nice, but it also means that they now have to spend money figuring out how to redeploy that capital for the next 6 years.

That's not how VC/PE typically works. Exit capital is returned, not reinvested.

Sorry I wasn't clear with my pronouns (?) - "they" referred to the LPs, not Insight. Meaning that now the LPs (not Insight) have to figure out how to reinvest the capital that was returned.

lol. Oh boo-hoo, I have all this extra money sitting around that I didn't plan to have for at least 6 years and I need to figure out how to use it. Woe is me, woe is me. ;)

But yeah, I do get what you're saying about having capital that isn't properly invested = loss of potential gains... I guess. Very first-world problem though :)

Hi mlyang, can I contact you next week to quickly talk about a product for the desktop virtualization market that I think have a good potential?