Tag: secondaries
General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say
General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800...
Investors are already valuing OpenAI at over $100B on the secondaries market
OpenAI is in talks to raise a new round of funding at an eye-popping $100 billion-plus valuation, sources told The Wall Street Journal...
Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals
Limited partners selling their investment stakes in venture capital funds to other LPs on the secondary market is nothing new. But traditionally these...
Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups
The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners,...