Definition
A venture fund's multiple of return—how much capital investors have received back for every dollar they invested. The VC equivalent of 'Did we make money?'
Example Usage
Our fund's DPI is 2.5x, meaning we've returned $2.50 for every dollar invested, mostly through successful exits.
Origin
Standard private equity and venture capital performance metric
Fun Fact
The best VC firms aim for DPIs of 3x or higher; anything below 1x means the fund lost money.
Source: Venture capital performance metrics terminology
Related Terms
Translate This Term
See “DPI (Distributions to Paid In)” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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