Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has been steadily investing at a rate of about $100 million per year. The group certainly knows what the market is willing to buy. It’s seen nearly 37 percent of its 70-plus investments exit, albeit with mixed results.
To date, only a few of Dell’s investments have become household names for enterprise nerds. Nutanix and Joyent are perhaps its two most notable exits. The former, a cloud computing software company, IPOed last year at $4 billion but has recently been hemorrhaging value and is now worth almost half that (may the lockout period ever be in your favor). Joyent,…