May 30, 2024

A reckoning is coming for emerging venture funds, and that, VCs say, is a good thing

Thousands of new venture capital funds have launched over the past few years, each hoping to carve out a long-term, lucrative place for themselves. PitchBook is tracking over 10,000 funds currently trying to raise money, and 45% of them are emerging fund managers, defined as a firm with less than three funds. Those funds are

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