| Ticker | Name | IPO Date | IPO Price | 14Dec05 Price | % Return | Notes |
| DOVR | Dover Saddlery | 17 Nov 05 | 10 $10.00 | 10 $10.00 | 0.00 | |
| AVRX | Avalon Pharma | 28 Sep 05 | 10.5 $10.50 | 5.1 $5.10 | -51.43 | |
| CRYO | CryoCor | 14 Jul 05 | 11 $11.00 | 6 $6.00 | -45.45 | |
| MORN | Morningstar | 2 May 05 | 18.5 $18.50 | 35.3 $35.30 | 90.81 | |
| BOFI | BofI Holding | 15 Mar 05 | 11.5 $11.50 | 8.05 $8.05 | -30.00 | |
| NRPH | New River Pharma | 5 Aug 04 | 8 $8.00 | 48.17 $48.17 | 502.13 | |
| GTOP | Genitope | 30 Oct 04 | 9 $9.00 | 8.19 $8.19 | -9.00 | |
| REDE | RedEnvelope | 25 Sep 03 | 14 $14.00 | 11.34 $11.34 | -19.00 | |
| OSTK | Overstock.com | 29 May 02 | 13 $13.00 | 36.79 $36.79 | 183.00 | |
| BRZZQ | Briazz | 2 May 01 | 8 $8.00 | .00001 $0.00 | -100.00 | |
| PEET | Peet's Coffee | 25 Jan 01 | 8 $8.00 | 31.91 $31.91 | 298.88 | |
| NGTC | Nogatech | 17 May 00 | 12 $12.00 | 10.3 $10.30 | -14.17 | |
| ANDN | Andover.net | 8 Dec 99 | 18 $18.00 | .79 $0.79 | -95.61 | Bought by VA Linux for 0.425 LNUX shares |
| SALN | Salon.com | 22 Jun 99 | 10.5 $10.50 | .32 $0.32 | -96.95 | |
| RVWD | Ravenswood Winery | 9 Apr 99 | 10.5 $10.50 | 29.50 $29.50 | 180.95 | Bought by Constellation Brands for $29.50/share |
| Equal Dollar Weighted Return: Equal Dollar Weighted Return: | 7.9% | |||||