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A potential LP sent me this morning. I know our friends here at VC Lab would have a strong rebuttal (Pitchbook ugh (!) Large bloated funds looking for easy money!) Love to have some data showing how new/emerging managers are succeeding Adeo Mike. Also, how do we respond to the liquidity ‘problem’?
4 replies
Just say that PitchBook is an incredible data source and any conclusions bear no resemblance to reality.
It’s like quoting the NY Post in as serious business meeting.
Wednesday, April 17, 2024
Ironic given the $7.2B a16z raise announced earlier today - although includes $600M for games and a bunch for growth.

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