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Announcing Emerging 50, a new project to highlight the venture industry’s new fund managers. We’re now accepting nominations from LPs and founders for first-time funds that raised and deployed at least one check in 2022. emerging50.co Why we’re doing this…
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It’s been a hard year to fundraise for many, including fund managers. I know several GPs that have struggled to raise, met with countless noes and retracted LP commits.
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A GP’s responsibility is to eventually return far more capital than they collected, but closing a first fund is a big milestone worth celebrating. It’s also the “we’re open for business” sign for founders. (Props to those of you that know this reference)
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