
Lightspeed Venture Partners has reported substantial returns from its current and active funds, totaling $8 billion over the past five years. Notably, more than $3 billion of this amount was generated in 2024 alone. The firm's successful investments include companies such as Wiz, Anthropic, and Stripe. Insights into Lightspeed's fundraising strategy and returns were revealed through confidential slides obtained by a reporter, highlighting the challenges of achieving returns greater than three times on large funds, despite notable successes like Mulesoft, AppDynamics, and Snap.
Sources: Lightspeed, whose bets include Wiz, Anthropic, and Stripe, returned $8B from current and active funds in the past five years, with $3B+ coming in 2024 (@ericnewcomer / Newcomer) https://t.co/25TJgvU2Uv https://t.co/bW8B72V2rt https://t.co/ZOzeer2dpR
Interesting update on Lightspeed's returns by @EricNewcomer https://t.co/a0rVVhlPmo
Really hard to return more than 3x on a large fund, even with breakout hits like Lightspeed has had Mulesoft, Appdynamics and Snap each returned >1x the fund they came from Selling at the right time is important too... LSVP sold Stitch Fix and Oyo at great times. https://t.co/qN543wMQsv https://t.co/9S6C3x2tFU

