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Answer · recomputed from the dated cash flows in the IRR workbook

Incubayt has invested $3.76mm in cash across 21 companies (25 tickets). It has received $501.4k back and its share of the remaining companies is marked at $9.43mm, a TVPI of 2.64x and an IRR of 34.6%.2025_IRR Calculation Investments Incubayt.xlsx · Startup Investments The workbook's own Summary shows 2484x because it divides whole-company valuations by Incubayt's cost.2025_IRR Calculation Investments Incubayt.xlsx · Summary!B25:P34

TVPI2.64xIncubayt's share

DPI0.13x$501.4k returned

IRR34.6%XIRR of every dated flow

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