First Round Fund – 10 year stats
Overview of what seems to work after 300 investments at early stage
1. Female Founders are better than males
2. Founders under 25 do better
3. Founders from good Universities do better
4. Founders who worked at great tech companies do better ( ie Google/Facebook etc )
5. Founders irrelevant if repeat founders produce the same returns s first time founders
6. Founders with one founder are much worse than teams
7. Returns are the same for early stage investors irrelevant of location
8. Cold contact founders performed better than warm introductions
Source: http://10years.firstround.com/