TechThe Information1h ago
Fund Focused on Bootstrapped Founders raises $950 Million
Fund Focused on Bootstrapped Founders Raises $950 Million
TL;DRNew $950M fund backs profitable startups instead of pre-revenue companies.
Why it matters: Validates alternative to traditional VC model; challenges hype-driven funding cycle.
There’s certainly a frenzy among venture capitalists to back the hottest startups before they’ve made a dime of revenue, but one fund is sticking to a proven strategy of investing in startups that have generated at least millions in revenue—often without raising any…
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