It’s November. We’re eleven years into a bull run. And a protracted trade war with China — not to mention the impeachment proceedings — is causing some nervousness about what next year will hold.
Little wonder that venture firms, which have been writing checks faster than ever in recent years, are also stocking up on dry powder. In the last 10 days alone, some of the many firms to announce new funds include Boldstart Ventures, Drive Capital, .406 Ventures, CAVU Venture Partners, Unusual Ventures, Northzone, Kindred Ventures, EQT Ventures, Inspired Capital and Norwest Venture Partners.
Newly in the same company is Next Coast Ventures, a firm that just closed on $130 million in fresh capital commitments to pursue a thematic approach and that is focused