
PANews reported on October 6 that Nick Tomaino, founder of venture capital firm 1confirmation, tweeted that 1confirmation had just distributed the latest cash distribution to LPs. The first fund launched in 2017 has distributed 5.13 times (net) cash to LPs, and the net DPI (ratio of distributable cash income to invested principal) of the second fund launched in 2019 is now 1.78.
