Venture Capital - Tuesday, January 31, 2006
DCM Doll Hops Planes From Japan To China


Dixon Doll
The Deal sets out to prove the case that many in Silicon Valley already know, that Dixon Doll and his firm DCM - Doll Capital Management know what they are doing.
Doll and his co-founder David Chao ventured into Japan in the 1990's when other firms knew that was a bad idea. The investments they may in Japan paid off in spades. DCM Doll then ventured in China early and early on it is is seeing a windfall.
The Deal does point out that DCM made some big investments in telecom that soured, but the firm's returns are still stellar. "DCM's first fund delivered a gross internal rate of return of just under 100% and a net IRR of 80%, with investors receiving about 5 times the capital invested. Doll says the firm's 1999 fund, which was in the top quartile of returns as of December 2005, according to Cambridge Associates, is aggressively harvesting now. His third, vintage 2000 fund is still making follow-on investments from its reserves."
One operational fact that we were not aware of is that Doll's mandate is for every partner to get operationally involved in every deal. We have seen that in very small VC firms but not firms the size of DCM.

And His Co-founder David Chao
Read - Timing Isn't Everything (The Deal)
More Recent Articles
Shopping Site Gilt Group Raises $40M at $400M Val
Thursday July 2, 2009
NYC's private shopping firm Gilt Groupe has raised $40M from General Atlantic and Matrix Partners at a $400M valuation. Gilt Groupe provides access, by invitation only, to men’s, women’s and children’s fashion and luxury brands at discount pri... Full Story
AH Belo Joins $2M Investment In Real Estate Search Tool Sawbuck
Thursday July 2, 2009
AH Belo (NYSE: BLC) has led a $2M investment in online real estate brokerage Sawbuck Realty. Sawbuck is an online real estate broker that connects consumers with local real estate agents. Sawbuck takes a cut of any commissions. The company’s servi... Full Story
Categories
- Venture Capital (279)
- Advertising (411)
- Aircraft (15)
- Alternative Energy (233)
- ASP (38)
- Batteries (9)
- Biometrics (3)
- Communications (57)
- Digital Hollywood (16)
- Digital Home (34)
- eCommerce (419)
- Educational Software (25)
- eHealth (25)
- Email Software (5)
- Enterprise Software (240)
- Euro Ventures (81)
- File Sharing (22)
- Financial Software (29)
- Games (171)
- Hardware (44)
- Homeland Security (7)
- IMterviews (6)
- IPO (39)
- Jobs (44)
- Media (334)
- Nanotechnology (14)
- Networking (91)
- News & Updates (1386)
- Online (5)
- Peripherals (38)
- Photo Software (46)
- Publishing (7)
- RFID (3)
- Robots (15)
- Satellites (7)
- Search (196)
- Security (91)
- Semiconductors (70)
- Social Networking (402)
- Space (1)
- Sponsored Post (11)
- Storage (39)
- Tech stocks (176)
- Telecom Equipment (10)
- Transportation (1)
- Video (218)
- Voice (65)
- Web 2.0 (127)
- Web Development (5)
- Where Are They Now (29)
- Wireless (358)







Post a comment