(The Information) When Helen Min and Meena Harris started raising money for their debut venture capital fund in January of last year, they expected that their combined 30 years of experience at tech companies would allow them to collect $15 million, a standard first-time fund target. Then interest rates spiked, sending tech stocks careening. By December, when their firm, Phenomenal Ventures, finished fundraising, the duo had raised just $6 million.
Read more here.
Posted in Uncategorized