Visualizing Haystack

Over here, I’m usually one to write about things, to use words, arguments, structure to share a point of view. Yet, after four years as a small investor (2013-2017), I wanted to examine some data and work with a designer to visualize it. Note, it’s not perfect data, nor data that one should draw any strong conclusions from, but from the world of early-stage investing, there are — for better or worse — more things to look at. With that grain of salt in mind, here are three graphics I’ve shared on Twitter over the past few days.

Haystack-Total-Raised-Bubble-Chart

The graphic above depicts the total number of dollars raised by companies in the Haystack portfolio. Of course, part of this is a vanity metric, but to me just starting out, is still interesting.

 

Haystack-Initial-Ownership-color1

The graphic above shows a comparison between initial ownership, initial check size, and the numbers of deals Haystack has done per quarter. Here, I wanted to see how initial ownership tracked over time.

 

Haystack Follow On Alluvial Diagram

In this final graphic (for now), I wanted to visualize the range of funds (firms and corporations) which have followed-on to Haystack investments.

Haystack is written by Semil Shah, and is published under a Creative Commons BY-NC-SA license. Copyright © 2017 Semil Shah.

“I write this not for the many, but for you; each of us is enough of an audience for the other.”— Epicurus