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Ben Narasin on raising a new VC fund in a down market, + Natalie Barbu of Rella | E1515
This Week in Startups
What Is an Evergreen Fund and Why Is It Important?
An evergreen fund, you just keep recycling the cash. For every dollar i put into a box, i now have 12 dollars of cash and another 28 dollars coming to me if those companies were all to get u liquid at the prices are currently at. So there's an enormous amount of power. The challenge is, i didn't have to care about when liquidity came gret lake, as long as and look, i i mean,. i could die and hand it off to my hair, but that’s not how all peas work. R rattle peas give me money, i invest it, and they would like to get it back in a multiple.
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