Of Chimpanzees, VCs And Fund Sizes
from the anyone-can-do-it dept
Matt Marshall, over at Silicon Beat, has a bit of fun joking about some of the new VC funds out there, quoting Sequoia's Mike Moritz supposedly saying, "even a chimpanzee could raise $100M" as a way of showing just how many new VC funds seem to be coming into existence these days. However, the facts speak otherwise, suggesting that the days of the $100 million fund may be going away, as the median VC fund size is growing and even the big VC players are moving towards mid-sized $250 million to $500 million funds. Of course, the types of funds being raised often reflect the startup funding practices of the day, and with new reports mentioning bubble-like speed in getting term sheets in front of entrepreneurs, it seems likely that funds of all shapes and sizes will start growing again. When the startup market looks hot, as it did in the late 90s there was a growth of both the big funds (remember how everyone wanted to have a billion dollar fund?) and the smaller "vanity" VC funds from new entrants to the VC world who think they can offer something new or different.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
VC Funds
Also, any information on SV-based funds that have plans for international expansion.
Finally, a database of active angel investors, or any "intelligence" in this regard. Please email me if you might be able to help w/ any of the above.
[ link to this | view in chronology ]
i love to play video games
love ali
[ link to this | view in chronology ]