Greylock has decided to cap its new fund at $1.5 billion, despite stating that it could have raised a larger amount. The firm plans to limit the number of investments to approximately 25 per fund, with the intention of maintaining its role as a significant partner to its founders.
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Greylock limits new fund to $1.5 billion despite potential for larger raise
Greylock has capped its new fund at $1.5 billion, indicating it could have raised more. The firm aims to keep its investments limited to around 25 to ensure strong partnerships with its founders.
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Why Greylock capped its new fund at $1.5B when it says it could have raised more
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Greylock limits new fund to $1.5 billion despite potential for larger raise