(Pitchbook) Despite a major LP pullback from venture, an elite cohort of VC firms is still successfully raising huge sums of LP capital.
General Catalyst, a giant of Sand Hill Road that has led rounds for companies like Snap, Warby Parker and Deliveroo, is wrapping up a $6 billion VC fund, the Financial Times reported Sunday. Earlier this month, Andreessen Horowitz announced it had raised $7.2 billion across five fund strategies.
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