Last year saw a record 270 first-time funds close, which means there are almost 300 new managers who raised their fund in a bull market and are now deploying it in very different market conditions.
Who will fare better in the current venture downturn? Will it be legacy investors with years of experience and sizable portfolios to worry about or emerging managers starting with a clean slate?
Three firms discuss their funds and any concerns that limited partners had brought up during the fundraising stage.
Ariana Thacker likes to say that science was her first love and startups were her second. Now, she gets to combine the two into a thesis for her new venture firm, Conscience VC. Thacker’s passio