MOIC (Multiple on Invested Capital)

Definizione

MOIC measures how many times an investment multiplied: total value returned divided by capital invested, ignoring time.

Come si presenta nel fundraising

A $1M check returning $5M is a 5x MOIC regardless of whether it took three years or ten; pair with IRR for the time dimension.

Domande frequenti

What MOIC do VCs need on winners?

Because most investments return little, funds need their winners at 10x or more for the portfolio to clear 3x overall.

What is the difference between gross and net MOIC?

Gross is before fees and carry; net is what LPs actually receive.

Risorse Round Funded

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