3min chapter

Equity cover image

How hard was it to raise venture capital in Q1?

Equity

CHAPTER

The Decline of the Multi Stage Approach to Venture Capital

I'm just surprised at the durability of optimism while everyone else seems to be worrying about the economy, geopolitics, inflation, interest rates. So I guess it's good. One thing we saw as everyone was able to raise a lot more money for their venture capital firms back in the 2020-2021 era was people going more multi stage. We'll never see 35 billion dollar funds closed again probably for a long time. The multi stage strategy is a very interesting, like really good strategy. If you have funds that are sourcing seeds, sourcing early stage, sourcing late stage, then you can follow your top companies throughout and you can continue investing in them rather than just try to stay at your

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