The Evolution of the Funds Market
The Evolution of the Funds Market Venture capital funds have a long and storied history. They have seen legendary returns, like Andreesen Horowitz’s 28X from Instagram and have also seen historic failures (see Juicero). The world of venture funds has historically maintained an air of exclusivity, being led by just a handful of individual fund managers and accessed by a small number of institutional investors and industry insiders. Yet, according to Richard Norman, formerly of Davidson Kempner and H/2 Capital Partners, OurCrowd’s Managing Director of Funds, the funds market is evolving rapidly to include a broad range of opportunities for a wider range of investors. The Wealth of Opportunities across Sectors, Stage, and Geography Today, the world is seeing a remarkable boom in funds. Venture has traditionally been a one town industry: Silicon Valley. Yet the global tech scene is providing serious competition. With robust ecosystems from Tel Aviv (Silicon Wadi) to New York (Silicon Alley), Bangalore to Barcelona, fund managers are not only branching out beyond the U.S., they are making their investment thesis about peripheral geographies. Says...
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