Industry Ventures has successfully raised a $900 million fund aimed at investing in small, early-stage venture capital firms and their breakout startups. This move comes amid a challenging fundraising environment in 2024, where large, established venture capital firms continue to attract significant capital from limited partners, while smaller, newer funds face difficulties in raising funds. The new fund by Industry Ventures highlights a trend of backing VC funds, which accounts for 40% of their investments.
So venture capital turns out to be a pretty tough business. Imagine a $150m seed VC fund that buys 15% stakes in each startup. They write some follow-on checks, but ultimately, typically get diluted to about 10% ownership. Then one start-up in the fund is sold for $500m! An…
So venture capital turns out to be a pretty tough business. Imagine a $150m seed VC fund that buys 15% stakes in each startup. They write some follow-on checks, but ultimately, typically get dilutive to about 10% ownership. Then one start-up in the fund is sold for $500m. An…
"The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise." BUT! "backing VC funds (40%)" which is cool! https://t.co/ySnhFChDZN
Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups: https://t.co/HJF5R13ZW2 by TechCrunch #infosec #cybersecurity #technology #news
Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups https://t.co/ckUNF5yEdS