Venture firm Freestyle Capital can boast of more than paper profits. The seed-stage investor “had the most number of exits out of all our portfolio firms,” said Michael Kim, managing partner at Cendana Capital, a limited partner in Freestyle and an investor in other seed funds. Freestyle’s first fund that included limited-partner capital closed in 2011 with $26 million. That fund already distributed 42% of the capital that it had drawn down, as of Sept. 30, 2014, according to Freestyle General Partner Dave Samuel. Its net investment rate of return was 28.1%.
Image: Founders Dave Samuel (left) and Josh Felser Freestyle Capital
