LP Uncovered · Milana Kuzmanovic, WiL VC
The 3x DPI Red Flag
“So whenever someone says, oh, I'm going to give you 3x net DPI, I am like, well, I would certainly love that. I wouldn't love that.”
Transcript
, use it or lose it, it's fine. But I know that there is so much pressure, especially on the boutique side to come with like, oh, my target return or like my projected return is 6x or 7x or 8x. And to come up with all these rationales and reasons and plans of you reaching that, or maybe to over
state your own potential. I think for me, from my type of underwriting, that is a red flag because the more down to earth, the more realistic you are for your expectations, the easier it is for
me to believe that you have a chance of outperforming it. So whenever I someone, oh, I'm going to give you 3x net DPI,