That's actually quite good. You and Paul are both ahead of the game, and it seems to be the case that there are quite a few exits. It _seems_ like if you're in there long enough you eventually hit a Groupon, Facebook, Google, or happen to be in during a big boom. At worst you're out $1M.
Not bad odds, although I think you and Paul have opportunities that most of us would never see (and rightfully so).
You have to compare the numbers annualized (which is hard to do, since the data isn't in) and then compare that to contemporaneous treasury returns (and maybe the stock market i guess) to get a real sense if it's good or not.
Not bad odds, although I think you and Paul have opportunities that most of us would never see (and rightfully so).