TechCrunch·3 min read·medium
Why Greylock capped its new fund at $1.5B when it says it could have raised more
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Marina Temkin
✦AI Summary
Greylock Ventures has raised a $1.5 billion fund while intentionally capping its size to maintain a high-touch investment strategy. The firm aims to support a small number of startups by providing deep operational guidance rather than scaling its capital base aggressively.
While many top-tier venture firms keep raising massively larger funds, Greylock Ventures, one of the oldest and most prestigious venture firms in Silicon Valley, is intentionally resisting the trend of ballooning fund sizes.
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