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.