#128 - The state of startups: Elad Gil, Color Genomics
Latitud Podcast
LPs
Local funds have raised now a multi-billion dollar funds, right? That didn't exist before. And so I think that the kind of validation of like a Driesin, a Sequoia or an international investor coming now to excel also opened the door up for LPs to start investing locally. If you look at the actual capital being deployed, the number of deals, it's actually a majority of the deals, maybe not at Series B and C, but at A, are local firms. So just as a side note. Tommy, come on up here and ask your question. Sure. Thank you.
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