Topics / venture fund strategy

Attributed viewpoint

Bessemer raised $5.75B, including a $1.75B seed fund; NFX shifted to GP-capital-only

Jason Lemkin reports Bessemer raised $5.75 billion (including a $1.75 billion seed fund), while NFX adopted the opposite strategy — investing only GP capital and taking no new LP money.

Behind the viewpoint

Translations are for reading; original excerpts remain the evidence.

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Original excerpt

Bessemer raised $5.75 billion, including a $1.75 billion seed fund. NFX went the opposite direction, investing only GP capital and taking no new LP money.