Record VC fundraising isn’t necessarily good news for first-time fund managers

Published by
Peter Kavinsky

VC firms are holding on to their checkbooks as the investment market slows to a crawl, but fund managers are taking advantage of the lull to fill up their coffers to the point of overflowing.

In the first half of 2022, U.S. venture capital firms raised a $121.5 billion, a stunning leap from the $74.1 billion raised in the same period last year, according to PitchBook. The year’s first six months also saw a record 30 funds raise $1 billion or more.

But the numbers don’t paint the full picture.

“I doubt many funds are entering the market right now.” Kyle Stanford, analyst, PitchBook

For one, this success is not shared equally. While it never really is — larger, more established firms traditionally have the network and LP relationships that make it easier to collect large amounts of money — the divide between the megafunds and the rest of the market has widened by quite a margin this year.

At this time last year, PitchBook reported that nearly half of the LP money raised by VCs was invested in funds larger than one billion dollars. In the first half of 2022, that portion increased to 63.9%, meaning nearly two-thirds of venture capital was raised by just 30 funds.

Source: TechCrunch

Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

Share
Published by
Peter Kavinsky

Recent Posts

  • News

Antalyaspor match preparations started in Trabzonspor

Breaking Trabzonspor news: In the 3rd week of Spor Toto Super League, preparations for the…

2 mins ago
  • News

5,000-year-old “goddess” idol found in excavations in Izmir

Found in Izmir! 5,000 years old Ege University Faculty of Letters, Archeology Department Lecturer and…

3 mins ago
  • News

Zachary vs ED White Football Live 17th August 2022

Click Here to Watch this High School Football Live Online for Free! How to Watch…

4 mins ago
  • News

[HQ!] Johns Creek vs Parkview Live Football In 17th August 2022

Click Here to Watch this High School Football Live Online for Free! All signs point…

6 mins ago
  • News

Anthony Hopkins Calls NFT ‘Art in a New Format’ – CableFree TV

Like celebrities and athletes alike dive into the cryptosphere to support tokens or companies, others…

13 mins ago
  • News

woman confused and killed while walking

FABRIANO - Investments mortal on Via Don Minzoni di Fabriano: 62-year-old woman died. She was…

14 mins ago