Promised vs realized
Two populations: targets on published offerings, realized figures on exits with a disclosed outcome. Read side by side, never as one number.
Promised (median target)
n/a
no stated targets
Realized (median IRR)
n/a
no exits with a realized IRR
| Measure | Value | n |
|---|---|---|
| Median multiple on cost | 1.15x | 3 |
| Exits recorded as a loss | 40% | 5 |
| Latest exit | 2025-12-31 | n/a |
| Platform | Exits | Median IRR | Median multiple | Loss rate |
|---|---|---|---|---|
| Angel Studios | 3 | n/a | 1.15x | 0% |
| Finlete | 2 | n/a | n/a | 100% |
Source: AltStreet platform_exits (filing-sourced dispositions, 1-K asset sales and platform-reported exits) and published offering terms. Realized figures cover exits with a disclosed outcome, which over-represents platforms that disclose; a loss rate counts exits recorded as a loss over exits with any recorded type.
