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March 19, 2020 07:08 am GMT

When the dry powder disappears

Venture capitalists have raised record-breaking funds in recent years, but that doesn’t always mean the money is there for them when they want it. In extreme downturns, limited partners or LPs — the people and institutions that promise capital to venture capital firms, and then wire it when the VCs need it for their startups […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ojax-MHqbwg/

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