The J Curve
I have posted about the j-curve before. This is the curve of value creation over time that is typical in the venture and private equity businesses.
Nick at Carried Interest has a good post on the j-curve today and I scraped this cool chart from his blog (he scraped it from Calpers). Give it a read if you are interested in the private equity and venture business.
Nick is a private equity guy in Australia and writes a damn good blog.