The founder of 1confirmation disclosed performance: the first fund has distributed 5.13 times cash income to LP, and the net DPI of the second fund is now 1.78

Odaily Planet Daily News Nick Tomaino, the founder of the cryptocurrency investment institution 1confirmation, said in X that 1confirmation has just distributed the latest cash distribution to LPs. The first-phase fund launched in 2017 has distributed 5.13 times (net) cash to LPs, and the net DPI (ratio of distributable cash income to invested principal) of the second-phase fund launched in 2019 is now 1.78. Nick Tomaino also said that the VC culture in Silicon Valley is to keep performance confidential, but he disagrees that performance can represent strength and these indicators must be made public.