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Benchmark is raising $170M for its latest partners-only fund
While fund sizes of many venture capital firms have ballooned into billions of dollars over the last decade, Benchmark Partners, one of Silicon Valley's
That’s what the storied firm told in a letter to its limited partners when it announced its latest fund this summer, reported the Information. TechCrunch understands that $170 million is expected to come primarily from the firm’s partners, past and present, with some availability for their friends and family to join too. The firm invests primarily in Series A stage companies for around 20% ownership and is so sought after, its website is little more than a landing page.
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