7:10:46 AM PDT - Wednesday, August 17th, 2022

6 first-time fund managers detail how they’re preparing to thrive during the downturn  

By Editor - Thu Aug 04, 4:24 pm

Until a few months ago , the venture market was on a historic bull run that lasted for the better part of a decade. Many new investors and funds entered the fray, but the last few years also saw a proliferation of new venture firms. That trend came to a peak in 2021, when 270 first-time funds raised a collective $16.8 billion, according to PitchBook data . That means there are now nearly 300 firms in the U.S.

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6 first-time fund managers detail how they’re preparing to thrive during the downturn

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