TLDR Founders · MISCELLANEOUS

RAISING A VC FUND IN A BEAR MARKET

showerthoughts.substack.com7 min read

Summary from the TLDR Founders newsletter

VC fund Varrock's founder shares key fundraising insights amidst the bear market. LPs prioritize concentration and ownership in venture investments, preferring high ownership funds that don't overlap. Despite rising crypto prices, many LPs lack dry powder, making fundraising more challenging now.