11 Oct

Icon Ventures raises its biggest fund ever, though just by a smidgen

 Funds have been ballooning in size as more money continues to flood into Silicon Valley, looking for higher returns than can be found elsewhere. VCs also like raising progressively bigger funds because doing so gives them bragging rights. Now Icon Ventures has closed its sixth fund with $265 million in commitments — its largest fund to date. Read More
Source: TechCrunch – Funding and Exits

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