FCVC is a top tier venture capital fund that leverages unrivaled network effects and competitive access to outperform. Cash on cash returns (TVPI) are 4.53x for 2012 investments and 3.20x for 2013 investments as of Mar 31, 2016, including markdowns. The fund gains an unfair sourcing, vetting, and value-add advantage, via the networked VC access of the FundersClub platform, to Silicon Valley and the world. Portfolio holdings include: Slack, Greenhouse, Instacart, Flexport, Memebox, and Shippo — companies which have attracted more than $1.2B in follow-on capital from top VCs including Sequoia Capital, Andreessen Horowitz, and others. FundersClub was seeded by top early stage institutional investors including Y Combinator and First Round Capital, and by top angel investors including Aaron Levie — Founder & CEO of Box, and Chris Dixon — partner at Andreessen Horowitz. Its sourcing network includes more than 18,000 individuals across 63 countries. The portfolio is 75% concentrated in Silicon Valley, with a global footprint across 19 countries.