4min chapter

ACQ2 by Acquired cover image

How VC Firms Really Work

ACQ2 by Acquired

CHAPTER

Venture Capital - How Many Anchors Do You Really Need to Fill Up a Venture Fund?

How many anchors do you really need to fill up a venture fund? Ye. Like fr wave, our largest single l p is about 15 % of our fund. Ah, above that, you have fund o funds. And these can be great, great investors. But again, as early as it sounds, it is as silly as it sounds. These are people with enough wealth that they have dedicated people who are employed by their family office to manage their money. You know, the university of texas has a huge endowment. It's close to 50 billion dollars in an endowment size, and growing every year.

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