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> A VC firm is handed a billion dollars they must invest by quarter end Is “by quarter end” accurate? I thought VC were typically given 2-years to invest thei
by tiffanyh 4y ago
> A VC firm is handed a billion dollars they must invest by quarter end
Is “by quarter end” accurate?
I thought VC were typically given 2-years to invest their fund.
Can someone confirm.
- version_five 4y agoI think it was a poetic way to say they have quarterly targets to meet. Pretend it's an $8 Billon fund
- moloch-hai 4y agoThis.
- Blackstone4 4y agoMore like 6 years is the standard US investment term on a 10 fund life with 2x 1-year extensions taking it to 12. Investment term can end early if they raise a new fund but need to be 70% invested and committed. Original comment…not entirely credible…tbh