Checked the investment return rate of Multicoin Capital with ChatGPT.
MOIC (Multiple on Invested Capital)
**Multicoin's first VC fund (raised in 2018)** According to data privately shared by LPs:
Gross MOIC is approximately 114.7× (including all returns, before fees)
Net MOIC ~ 89.1× (net return after deducting some fees)
📌 DPI (Distributions to Paid-In)
One LP of the first fund disclosed DPI ~ 47×, which means the actual cash distributed to investors / the invested capital is over 47 times (as of a certain peak point during a bull market)
The data sources are from a report by Mars Finance three years ago:
https://www.aicoin.com/en/article/294850?utm_source=chatgpt.com
Where can I find the return rates of the later funds of Multicoin Capital?
The GP has now waved goodbye without taking a cloud with them, and there has been no news about the liquidation of their subsequent funds.
So, can LP's money be recouped?
