User:ShannaSpeckman8
According to data of 300 funds compiled by Venture Capital Journal from 2001 to 2010, ARCH Venture Funds ranked sixth in performance, only beaten by the likes of Union Square Ventures and Emergence Capital.The fund outperformed the vast majority of venture funds, making the ability to own a recent IPO trading at the low end of the range an attractive opportunity for a diverse portfolio willing to accept the risk similar to a venture fund.Maybe even more important is the presence of Steve Gillis as chairman of the Board to direct the early stage biotech. Dr. Gillis' bio is below and includes the founding of Immunex, amongst other biotechs, and board positions in numerous successful firms.
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