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Sequoia Capital, Marc Andreessen and top institutions back New $30m Browder Capital Fund Four:
Today, I’m excited to announce that I’ve raised Browder Capital Fund Four, a $30,000,000 fund backed by Sequoia Capital, Marc Andreessen, Chris Dixon, Arthur Patterson (founder of Accel), Walter Kortschak (founder of... See more
.@earnestcapital funds profitable, steadily growing, capital efficient, and largely-bootstrapped SaaS businesses.
And after 2 years, their first fund’s TVPI (1.88x) is already better than many venture funds.
Our report and a thread 👉 https://t.co/oADjkhW5GC https://t.co/9BQERJFXaG
Joe Hudson
soundcloud.comEarnest Capital
earnestcapital.com
In a typical early stage fund, the ratio of capital invested per partner is generally $50 million. Thus if you see a firm raising or closing a fund roughly $50 million or greater than the last fund, there is a good chance it is looking to add staff if it finds the right fit.